Visionary Horizons LLC Purchases 2,895 Shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

Visionary Horizons LLC grew its position in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 21.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,570 shares of the financial services provider’s stock after purchasing an additional 2,895 shares during the quarter. Visionary Horizons LLC’s holdings in Nuveen Select Tax-Free Income Portfolio were worth $251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Icon Wealth Advisors LLC bought a new position in Nuveen Select Tax-Free Income Portfolio in the 3rd quarter worth $32,000. Sanctuary Advisors LLC purchased a new stake in Nuveen Select Tax-Free Income Portfolio in the 2nd quarter worth $161,000. Capital Advisors Wealth Management LLC increased its stake in Nuveen Select Tax-Free Income Portfolio by 31.4% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 26,756 shares of the financial services provider’s stock worth $405,000 after buying an additional 6,390 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC purchased a new stake in Nuveen Select Tax-Free Income Portfolio in the 3rd quarter worth $439,000. Finally, Janney Montgomery Scott LLC increased its stake in Nuveen Select Tax-Free Income Portfolio by 5.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 35,529 shares of the financial services provider’s stock worth $538,000 after buying an additional 1,900 shares in the last quarter. 16.17% of the stock is owned by hedge funds and other institutional investors.

Nuveen Select Tax-Free Income Portfolio Trading Up 0.3 %

Shares of NXP stock opened at $14.95 on Friday. Nuveen Select Tax-Free Income Portfolio has a 52-week low of $13.79 and a 52-week high of $15.25. The stock has a fifty day simple moving average of $14.85 and a two-hundred day simple moving average of $14.85.

Nuveen Select Tax-Free Income Portfolio Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.052 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.62 dividend on an annualized basis and a yield of 4.17%.

About Nuveen Select Tax-Free Income Portfolio

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.