Stephens Inc. AR Increases Stake in Nuveen Sl Tfip $NXP

Stephens Inc. AR increased its position in shares of Nuveen Sl Tfip (NYSE:NXP) by 16.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 576,303 shares of the financial services provider’s stock after purchasing an additional 80,180 shares during the period. Stephens Inc. AR’s holdings in Nuveen Sl Tfip were worth $8,126,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in Nuveen Sl Tfip by 1.2% during the second quarter. Bank of America Corp DE now owns 446,821 shares of the financial services provider’s stock valued at $6,278,000 after purchasing an additional 5,206 shares in the last quarter. Raymond James Financial Inc. boosted its position in Nuveen Sl Tfip by 1.1% during the second quarter. Raymond James Financial Inc. now owns 256,934 shares of the financial services provider’s stock valued at $3,610,000 after purchasing an additional 2,838 shares in the last quarter. Van ECK Associates Corp boosted its position in Nuveen Sl Tfip by 20.8% during the third quarter. Van ECK Associates Corp now owns 223,358 shares of the financial services provider’s stock valued at $3,230,000 after purchasing an additional 38,452 shares in the last quarter. Prospera Financial Services Inc boosted its position in Nuveen Sl Tfip by 3.1% during the third quarter. Prospera Financial Services Inc now owns 203,595 shares of the financial services provider’s stock valued at $2,944,000 after purchasing an additional 6,059 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in Nuveen Sl Tfip by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 163,874 shares of the financial services provider’s stock valued at $2,368,000 after purchasing an additional 5,770 shares in the last quarter. Hedge funds and other institutional investors own 16.17% of the company’s stock.

Nuveen Sl Tfip Stock Down 0.5%

Shares of NXP stock opened at $14.23 on Friday. Nuveen Sl Tfip has a 1-year low of $13.73 and a 1-year high of $14.65. The stock’s 50-day moving average is $14.30 and its 200 day moving average is $14.29.

Nuveen Sl Tfip Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be given a dividend of $0.0535 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Nuveen Sl Tfip 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. 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.