Stifel Financial Corp Purchases 6,421 Shares of Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN)

Stifel Financial Corp grew its holdings in shares of Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) by 41.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,883 shares of the company’s stock after buying an additional 6,421 shares during the quarter. Stifel Financial Corp’s holdings in Nuveen New York Select Tax-Free Income Portfolio were worth $266,000 at the end of the most recent reporting period.

Separately, Wolverine Asset Management LLC grew its stake in Nuveen New York Select Tax-Free Income Portfolio by 6.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 50,556 shares of the company’s stock worth $592,000 after acquiring an additional 2,874 shares in the last quarter.

Nuveen New York Select Tax-Free Income Portfolio Price Performance

Nuveen New York Select Tax-Free Income Portfolio stock opened at $11.31 on Monday. The company has a 50 day moving average price of $11.82 and a 200-day moving average price of $11.85. Nuveen New York Select Tax-Free Income Portfolio has a fifty-two week low of $10.98 and a fifty-two week high of $12.40.

Nuveen New York Select Tax-Free Income Portfolio Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.042 per share. The ex-dividend date is Friday, December 13th. This represents a $0.50 annualized dividend and a dividend yield of 4.46%.

Nuveen New York Select Tax-Free Income Portfolio 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.