Advisors Asset Management Inc. Has $627,000 Stock Holdings in Nuveen Sl Tfip $NXP

Advisors Asset Management Inc. trimmed its position in Nuveen Sl Tfip (NYSE:NXP) by 55.6% in the third quarter, Holdings Channel.com reports. The firm owned 43,327 shares of the financial services provider’s stock after selling 54,260 shares during the period. Advisors Asset Management Inc.’s holdings in Nuveen Sl Tfip were worth $627,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Stratos Wealth Partners LTD. boosted its stake in shares of Nuveen Sl Tfip by 18.7% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 49,257 shares of the financial services provider’s stock valued at $712,000 after purchasing an additional 7,746 shares during the last quarter. Prospera Financial Services Inc lifted its holdings in Nuveen Sl Tfip by 3.1% in 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 buying an additional 6,059 shares during the period. Breakwater Capital Group boosted its stake in Nuveen Sl Tfip by 15.1% in the third quarter. Breakwater Capital Group now owns 25,647 shares of the financial services provider’s stock valued at $371,000 after acquiring an additional 3,355 shares during the last quarter. Mission Wealth Management LP bought a new position in Nuveen Sl Tfip in the third quarter valued at approximately $235,000. Finally, Jones Financial Companies Lllp grew its holdings in Nuveen Sl Tfip by 3.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 163,874 shares of the financial services provider’s stock worth $2,368,000 after acquiring an additional 5,770 shares during the period. 16.17% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Sl Tfip Trading Down 0.1%

Shares of Nuveen Sl Tfip stock opened at $14.46 on Thursday. The firm has a fifty day moving average of $14.18 and a two-hundred day moving average of $14.25. Nuveen Sl Tfip has a 52 week low of $13.30 and a 52 week high of $14.80.

Nuveen Sl Tfip Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be paid a $0.0535 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a c) annualized dividend and a yield of 4.4%.

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.