Access Financial Services Inc. Sells 1,000 Shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

Access Financial Services Inc. lessened its position in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 107,771 shares of the financial services provider’s stock after selling 1,000 shares during the quarter. Access Financial Services Inc. owned 0.23% of Nuveen Select Tax-Free Income Portfolio worth $1,562,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. increased its position in shares of Nuveen Select Tax-Free Income Portfolio by 10.2% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 545,804 shares of the financial services provider’s stock valued at $7,881,000 after purchasing an additional 50,727 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Nuveen Select Tax-Free Income Portfolio by 0.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 510,922 shares of the financial services provider’s stock worth $7,378,000 after acquiring an additional 2,088 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 2.7% in the 4th quarter. Stephens Inc. AR now owns 476,194 shares of the financial services provider’s stock worth $7,038,000 after acquiring an additional 12,300 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Nuveen Select Tax-Free Income Portfolio by 15.3% in the 4th quarter. Van ECK Associates Corp now owns 257,980 shares of the financial services provider’s stock valued at $3,813,000 after purchasing an additional 34,173 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Nuveen Select Tax-Free Income Portfolio by 10.1% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 215,138 shares of the financial services provider’s stock valued at $3,107,000 after purchasing an additional 19,733 shares in the last quarter. Hedge funds and other institutional investors own 16.17% of the company’s stock.

Nuveen Select Tax-Free Income Portfolio Price Performance

NYSE:NXP traded up $0.09 during trading hours on Friday, reaching $15.02. The company’s stock had a trading volume of 73,320 shares, compared to its average volume of 78,361. The firm has a 50-day simple moving average of $14.63 and a 200-day simple moving average of $14.46. Nuveen Select Tax-Free Income Portfolio has a 1 year low of $12.91 and a 1 year high of $15.25.

Nuveen Select Tax-Free Income Portfolio Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th will be issued a $0.052 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $0.62 annualized dividend and a dividend yield of 4.15%.

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.