Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Declares $0.04 Monthly Dividend

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) announced a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be paid a dividend of 0.042 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, November 14th.

Nuveen New York Select Tax-Free Income Portfolio Price Performance

Shares of NYSE NXN traded up $0.04 during trading on Tuesday, reaching $12.14. The stock had a trading volume of 4,061 shares, compared to its average volume of 11,451. Nuveen New York Select Tax-Free Income Portfolio has a one year low of $10.98 and a one year high of $12.20. The firm’s 50 day moving average price is $11.95 and its two-hundred day moving average price is $11.68.

Institutional Investors Weigh In On Nuveen New York Select Tax-Free Income Portfolio

Large investors have recently added to or reduced their stakes in the stock. Atria Wealth Solutions Inc. acquired a new position in Nuveen New York Select Tax-Free Income Portfolio during the 1st quarter worth $230,000. Guggenheim Capital LLC lifted its holdings in shares of Nuveen New York Select Tax-Free Income Portfolio by 20.1% in the second quarter. Guggenheim Capital LLC now owns 76,674 shares of the company’s stock valued at $892,000 after buying an additional 12,839 shares during the period. Finally, OMNI 360 Wealth Inc. lifted its holdings in shares of Nuveen New York Select Tax-Free Income Portfolio by 58.8% in the third quarter. OMNI 360 Wealth Inc. now owns 27,000 shares of the company’s stock valued at $325,000 after buying an additional 10,000 shares during the period.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

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