Nuveen Sl Tfip (NYSE:NXP) Announces Monthly Dividend of $0.05

Nuveen Sl Tfip (NYSE:NXP) announced a monthly dividend on Monday, December 1st. Stockholders of record on Monday, December 15th will be given a dividend of 0.0535 per share by the financial services provider on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Monday, December 15th.

Nuveen Sl Tfip Stock Performance

Shares of NYSE NXP traded down $0.03 during trading hours on Tuesday, reaching $14.38. The stock had a trading volume of 30,729 shares, compared to its average volume of 111,247. Nuveen Sl Tfip has a twelve month low of $13.30 and a twelve month high of $15.20. The business’s fifty day moving average is $14.43 and its two-hundred day moving average is $14.15.

Institutional Trading of Nuveen Sl Tfip

Several institutional investors have recently made changes to their positions in NXP. Ameritas Advisory Services LLC bought a new position in Nuveen Sl Tfip during the second quarter worth about $56,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Nuveen Sl Tfip in the 2nd quarter valued at $190,000. LPL Financial LLC grew its position in Nuveen Sl Tfip by 29.4% in the first quarter. LPL Financial LLC now owns 136,860 shares of the financial services provider’s stock valued at $1,967,000 after acquiring an additional 31,119 shares during the period. AdvisorNet Financial Inc raised its stake in Nuveen Sl Tfip by 3.7% during the second quarter. AdvisorNet Financial Inc now owns 63,810 shares of the financial services provider’s stock worth $897,000 after acquiring an additional 2,250 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC bought a new position in shares of Nuveen Sl Tfip during the second quarter valued at $140,000. 16.17% of the stock is currently owned by institutional investors and hedge funds.

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.