Nuveen Select Tax Free Income Portfolio (NYSE:NXP) Stake Boosted by Tortoise Investment Management LLC
Tortoise Investment Management LLC boosted its position in Nuveen Select Tax Free Income Portfolio (NYSE:NXP) by 2.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 141,739 shares of the financial services provider’s stock after buying an additional 3,000 shares during the period. Tortoise Investment Management LLC’s holdings in Nuveen Select Tax Free Income Portfolio were worth $2,038,000 at the end of the most recent reporting period.
Nuveen Select Tax Free Income Portfolio (NYSE:NXP) opened at 14.59 on Friday. Nuveen Select Tax Free Income Portfolio has a 12 month low of $13.50 and a 12 month high of $15.92. The stock’s 50 day moving average is $14.51 and its 200-day moving average is $14.25.
The firm also recently declared a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a $0.0455 dividend. This represents a $0.55 annualized dividend and a yield of 3.74%. The ex-dividend date is Friday, August 11th.
About Nuveen Select Tax Free Income Portfolio
Nuveen Select Tax-Free Income Portfolio is a diversified closed-end management investment company. The Fund’s investment objective is that it seeks to provide current income and stable dividends, exempt from regular federal and designated state income taxes, where applicable, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations.
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