Diligent Investors LLC Makes New $140,000 Investment in NUVEEN SL TFIP $NXP

Diligent Investors LLC bought a new position in shares of NUVEEN SL TFIP (NYSE:NXP) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the financial services provider’s stock, valued at approximately $140,000.

Several other hedge funds have also modified their holdings of the stock. NBC Securities Inc. raised its position in NUVEEN SL TFIP by 199,400.0% in the 1st quarter. NBC Securities Inc. now owns 1,995 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 1,994 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in NUVEEN SL TFIP in the 1st quarter valued at about $37,000. Sound Income Strategies LLC acquired a new stake in NUVEEN SL TFIP in the 2nd quarter valued at about $47,000. Ameritas Advisory Services LLC acquired a new stake in NUVEEN SL TFIP in the second quarter valued at approximately $56,000. Finally, Elequin Capital LP acquired a new stake in NUVEEN SL TFIP in the first quarter valued at approximately $84,000. 16.17% of the stock is currently owned by institutional investors and hedge funds.

NUVEEN SL TFIP Stock Performance

Shares of NXP opened at $14.44 on Friday. NUVEEN SL TFIP has a twelve month low of $13.30 and a twelve month high of $15.20. The firm’s fifty day simple moving average is $14.13 and its 200-day simple moving average is $14.04.

NUVEEN SL TFIP Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be given a dividend of $0.0535 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Wednesday, October 15th.

About NUVEEN SL TFIP

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.