Cambridge Investment Research Advisors Inc. raised its stake in shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 9.0% in the 1st quarter, Holdings Channel reports. The fund owned 28,798 shares of the financial services provider’s stock after acquiring an additional 2,369 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Nuveen Select Tax-Free Income Portfolio were worth $422,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. 1607 Capital Partners LLC raised its stake in Nuveen Select Tax-Free Income Portfolio by 58.7% during the 4th quarter. 1607 Capital Partners LLC now owns 207,238 shares of the financial services provider’s stock valued at $2,916,000 after acquiring an additional 76,628 shares during the last quarter. Access Financial Services Inc. raised its stake in Nuveen Select Tax-Free Income Portfolio by 1.9% during the 1st quarter. Access Financial Services Inc. now owns 182,860 shares of the financial services provider’s stock valued at $2,677,000 after acquiring an additional 3,475 shares during the last quarter. Relative Value Partners Group LLC purchased a new stake in Nuveen Select Tax-Free Income Portfolio during the 4th quarter valued at approximately $698,000. Vivaldi Capital Management LLC raised its stake in Nuveen Select Tax-Free Income Portfolio by 16.7% during the 4th quarter. Vivaldi Capital Management LLC now owns 42,461 shares of the financial services provider’s stock valued at $597,000 after acquiring an additional 6,074 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in Nuveen Select Tax-Free Income Portfolio by 13.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 27,497 shares of the financial services provider’s stock valued at $386,000 after acquiring an additional 3,300 shares during the last quarter. 12.31% of the stock is owned by hedge funds and other institutional investors.

NXP opened at $15.25 on Friday. Nuveen Select Tax-Free Income Portfolio has a 52 week low of $13.63 and a 52 week high of $15.47.

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be paid a dividend of $0.0455 per share. This represents a $0.55 annualized dividend and a yield of 3.58%. The ex-dividend date is Thursday, June 13th.

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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.

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Want to see what other hedge funds are holding NXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Select Tax-Free Income Portfolio (NYSE:NXP).

Institutional Ownership by Quarter for Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

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