Nuveen California Select Tax-Free Income Portfolio (NXC) To Go Ex-Dividend on December 15th

Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC) announced a monthly dividend on Monday, December 1st. Shareholders of record on Monday, December 15th will be paid a dividend of 0.043 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Monday, December 15th.

Nuveen California Select Tax-Free Income Portfolio Stock Performance

Nuveen California Select Tax-Free Income Portfolio stock remained flat at $13.17 during mid-day trading on Friday. The company’s stock had a trading volume of 8,914 shares, compared to its average volume of 14,703. Nuveen California Select Tax-Free Income Portfolio has a one year low of $12.41 and a one year high of $13.45. The firm has a 50-day moving average price of $13.17 and a 200 day moving average price of $12.98.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NXC. Guggenheim Capital LLC lifted its holdings in Nuveen California Select Tax-Free Income Portfolio by 2.1% in the 2nd quarter. Guggenheim Capital LLC now owns 144,966 shares of the company’s stock valued at $1,909,000 after purchasing an additional 2,926 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of Nuveen California Select Tax-Free Income Portfolio by 65.1% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 38,255 shares of the company’s stock valued at $496,000 after buying an additional 15,082 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Nuveen California Select Tax-Free Income Portfolio by 24.1% during the third quarter. Jones Financial Companies Lllp now owns 6,489 shares of the company’s stock valued at $84,000 after buying an additional 1,262 shares during the period. Caprock Group LLC acquired a new stake in Nuveen California Select Tax-Free Income Portfolio during the third quarter worth approximately $149,000. Finally, Wedbush Securities Inc. raised its holdings in Nuveen California Select Tax-Free Income Portfolio by 19.5% in the 3rd quarter. Wedbush Securities Inc. now owns 24,230 shares of the company’s stock valued at $314,000 after acquiring an additional 3,953 shares during the last quarter. Institutional investors and hedge funds own 11.89% of the company’s stock.

Nuveen California Select Tax-Free Income Portfolio Company Profile

Nuveen California 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 California. The fund invests in the securities of companies that operate across diversified sectors.