Nuveen Sl Tfip (NXP) to Issue Monthly Dividend of $0.05 on August 3rd

Nuveen Sl Tfip (NYSE:NXP) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0535 per share by the financial services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Sl Tfip Price Performance

Shares of NYSE NXP opened at $14.30 on Monday. The firm has a fifty day moving average of $14.27 and a 200 day moving average of $14.26. Nuveen Sl Tfip has a one year low of $13.73 and a one year high of $14.65.

Institutional Trading of Nuveen Sl Tfip

Institutional investors and hedge funds have recently modified their holdings of the stock. Stephens Inc. AR lifted its stake in Nuveen Sl Tfip by 16.2% in the 4th quarter. Stephens Inc. AR now owns 576,303 shares of the financial services provider’s stock valued at $8,126,000 after buying an additional 80,180 shares in the last quarter. D.A. Davidson & CO. increased its stake in Nuveen Sl Tfip by 14.1% during the 4th quarter. D.A. Davidson & CO. now owns 12,248 shares of the financial services provider’s stock worth $173,000 after buying an additional 1,510 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in Nuveen Sl Tfip during the 4th quarter worth approximately $436,000. ProVise Management Group LLC raised its holdings in shares of Nuveen Sl Tfip by 11.1% during the fourth quarter. ProVise Management Group LLC now owns 28,560 shares of the financial services provider’s stock valued at $403,000 after acquiring an additional 2,850 shares during the last quarter. Finally, Breakwater Capital Group raised its holdings in shares of Nuveen Sl Tfip by 10.2% during the second quarter. Breakwater Capital Group now owns 50,337 shares of the financial services provider’s stock valued at $720,000 after acquiring an additional 4,650 shares during the last quarter. Hedge funds and other institutional investors own 16.17% of the company’s stock.

About Nuveen Sl Tfip

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. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index and Lipper General and Insured Unleveraged Municipal Debt Funds Average.