PNC Financial Services Group Inc. increased its position in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 332.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,508 shares of the financial services provider’s stock after acquiring an additional 31,900 shares during the quarter. PNC Financial Services Group Inc. owned about 0.25% of Nuveen Select Tax-Free Income Portfolio worth $593,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. boosted its stake in Nuveen Select Tax-Free Income Portfolio by 38.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 20,572 shares of the financial services provider’s stock worth $288,000 after purchasing an additional 5,741 shares during the period. Stratos Wealth Partners LTD. boosted its stake in Nuveen Select Tax-Free Income Portfolio by 763.4% in the 1st quarter. Stratos Wealth Partners LTD. now owns 9,497 shares of the financial services provider’s stock worth $133,000 after purchasing an additional 8,397 shares during the period. Tortoise Investment Management LLC boosted its stake in Nuveen Select Tax-Free Income Portfolio by 16.5% in the 1st quarter. Tortoise Investment Management LLC now owns 145,936 shares of the financial services provider’s stock worth $2,046,000 after purchasing an additional 20,620 shares during the period. Landscape Capital Management L.L.C. boosted its stake in Nuveen Select Tax-Free Income Portfolio by 114.7% in the 1st quarter. Landscape Capital Management L.L.C. now owns 22,652 shares of the financial services provider’s stock worth $318,000 after purchasing an additional 12,100 shares during the period. Finally, 1607 Capital Partners LLC bought a new position in Nuveen Select Tax-Free Income Portfolio in the 1st quarter worth approximately $379,000. 11.61% of the stock is owned by institutional investors.

NXP stock opened at $13.88 on Monday. Nuveen Select Tax-Free Income Portfolio has a 1-year low of $13.85 and a 1-year high of $15.16.

The firm also recently declared a monthly dividend, which will be paid on Monday, October 1st. Shareholders of record on Friday, September 14th will be paid a $0.0455 dividend. The ex-dividend date is Thursday, September 13th. This represents a $0.55 annualized dividend and a yield of 3.93%.

Nuveen Select Tax-Free Income Portfolio Profile

There is no company description available for Nuveen Select Tax-Free Income Portfolio.

Recommended Story: Return on Equity (ROE)

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)

Receive News & Ratings for Nuveen Select Tax-Free Income Portfolio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Select Tax-Free Income Portfolio and related companies with MarketBeat.com's FREE daily email newsletter.