Hennion & Walsh Asset Management Inc. Decreases Stock Holdings in Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC)

Hennion & Walsh Asset Management Inc. lessened its stake in Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC) by 54.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,652 shares of the company’s stock after selling 26,052 shares during the period. Hennion & Walsh Asset Management Inc. owned 0.34% of Nuveen California Select Tax-Free Income Portfolio worth $280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Nuveen California Select Tax-Free Income Portfolio in the 2nd quarter worth approximately $74,000. International Assets Investment Management LLC lifted its position in Nuveen California Select Tax-Free Income Portfolio by 1,313.9% during the third quarter. International Assets Investment Management LLC now owns 14,153 shares of the company’s stock valued at $200,000 after acquiring an additional 13,152 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in Nuveen California Select Tax-Free Income Portfolio by 30.4% in the third quarter. Advisors Asset Management Inc. now owns 43,308 shares of the company’s stock valued at $612,000 after acquiring an additional 10,108 shares in the last quarter. 11.89% of the stock is currently owned by institutional investors.

Nuveen California Select Tax-Free Income Portfolio Stock Performance

Shares of NXC opened at $13.03 on Wednesday. Nuveen California Select Tax-Free Income Portfolio has a 12 month low of $12.75 and a 12 month high of $14.18. The stock has a fifty day moving average price of $13.21 and a 200-day moving average price of $13.53.

Nuveen California Select Tax-Free Income Portfolio Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a $0.0455 dividend. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen California Select Tax-Free Income Portfolio 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.