Nuveen Sl Tfip $NXP Shares Purchased by Royal Bank of Canada

Royal Bank of Canada grew its stake in shares of Nuveen Sl Tfip (NYSE:NXP) by 46.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 147,201 shares of the financial services provider’s stock after purchasing an additional 46,394 shares during the period. Royal Bank of Canada owned approximately 0.24% of Nuveen Sl Tfip worth $2,112,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in NXP. Hilltop Holdings Inc. purchased a new stake in Nuveen Sl Tfip during the first quarter worth $149,000. Cetera Investment Advisers increased its position in shares of Nuveen Sl Tfip by 82.7% in the first quarter. Cetera Investment Advisers now owns 34,973 shares of the financial services provider’s stock valued at $502,000 after buying an additional 15,828 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of Nuveen Sl Tfip by 20.7% in the first quarter. D.A. Davidson & CO. now owns 14,778 shares of the financial services provider’s stock valued at $212,000 after buying an additional 2,530 shares in the last quarter. NWF Advisory Services Inc. acquired a new position in shares of Nuveen Sl Tfip during the 1st quarter worth $313,000. Finally, Fifth Third Bancorp acquired a new position in shares of Nuveen Sl Tfip during the 1st quarter worth $203,000. 16.17% of the stock is owned by institutional investors and hedge funds.

Nuveen Sl Tfip Stock Down 0.3%

NXP stock opened at $14.27 on Tuesday. Nuveen Sl Tfip has a 1 year low of $13.89 and a 1 year high of $14.65. The stock’s 50 day moving average price is $14.31 and its 200 day moving average price is $14.30.

Nuveen Sl Tfip Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.0535 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Nuveen Sl Tfip 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. 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.