B. Riley Wealth Advisors Inc. Has $554,000 Position in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

B. Riley Wealth Advisors Inc. raised its position in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 70.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,543 shares of the financial services provider’s stock after buying an additional 15,046 shares during the quarter. B. Riley Wealth Advisors Inc. owned 0.08% of Nuveen Select Tax-Free Income Portfolio worth $554,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NXP. Icon Wealth Advisors LLC acquired a new position in shares of Nuveen Select Tax-Free Income Portfolio in the third quarter valued at about $32,000. Wolverine Asset Management LLC boosted its holdings in Nuveen Select Tax-Free Income Portfolio by 19.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 5,305 shares of the financial services provider’s stock valued at $77,000 after purchasing an additional 848 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Nuveen Select Tax-Free Income Portfolio during the 2nd quarter worth approximately $77,000. Rothschild Investment LLC bought a new position in shares of Nuveen Select Tax-Free Income Portfolio during the second quarter worth approximately $126,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Nuveen Select Tax-Free Income Portfolio in the second quarter valued at approximately $161,000. Institutional investors own 16.17% of the company’s stock.

Nuveen Select Tax-Free Income Portfolio Trading Down 0.3 %

Shares of NXP stock opened at $14.62 on Friday. The stock has a 50 day simple moving average of $14.80 and a 200 day simple moving average of $14.76. Nuveen Select Tax-Free Income Portfolio has a 1 year low of $13.79 and a 1 year high of $15.25.

Nuveen Select Tax-Free Income Portfolio Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.052 per share. This represents a $0.62 annualized dividend and a dividend yield of 4.27%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Select Tax-Free Income Portfolio Company Profile

Nuveen Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better.