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

Hennion & Walsh Asset Management Inc. lessened its stake in Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC) by 4.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,101 shares of the company’s stock after selling 6,234 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Nuveen California Select Tax-Free Income Portfolio were worth $1,667,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Nuveen California Select Tax-Free Income Portfolio during the fourth quarter valued at approximately $148,000. Wolverine Asset Management LLC increased its position in shares of Nuveen California Select Tax-Free Income Portfolio by 535.4% during the 4th quarter. Wolverine Asset Management LLC now owns 31,980 shares of the company’s stock valued at $409,000 after purchasing an additional 26,947 shares during the period. Finally, 1607 Capital Partners LLC raised its stake in shares of Nuveen California Select Tax-Free Income Portfolio by 392.3% in the 4th quarter. 1607 Capital Partners LLC now owns 58,217 shares of the company’s stock worth $745,000 after buying an additional 46,391 shares in the last quarter. Institutional investors and hedge funds own 11.89% of the company’s stock.

Nuveen California Select Tax-Free Income Portfolio Stock Up 0.2 %

NYSE:NXC opened at $12.96 on Friday. The business’s 50-day moving average price is $13.12 and its 200 day moving average price is $13.12. Nuveen California Select Tax-Free Income Portfolio has a 52-week low of $11.86 and a 52-week high of $13.80.

Nuveen California Select Tax-Free Income Portfolio Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be issued a $0.0455 dividend. The ex-dividend date is Friday, June 14th.

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.