Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Trading Up 0.1%

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN)’s share price rose 0.1% on Friday . The stock traded as high as $12.17 and last traded at $12.10. Approximately 6,803 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 8,329 shares. The stock had previously closed at $12.09.

Nuveen New York Select Tax-Free Income Portfolio Trading Up 0.1 %

The company’s 50-day moving average price is $11.88 and its 200-day moving average price is $11.75.

Nuveen New York Select Tax-Free Income Portfolio Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be issued a $0.042 dividend. The ex-dividend date is Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.17%.

Hedge Funds Weigh In On Nuveen New York Select Tax-Free Income Portfolio

A number of large investors have recently bought and sold shares of the company. Wolverine Asset Management LLC raised its holdings in shares of Nuveen New York Select Tax-Free Income Portfolio by 6.0% in the second quarter. Wolverine Asset Management LLC now owns 50,556 shares of the company’s stock valued at $592,000 after purchasing an additional 2,874 shares during the last quarter. Breakwater Capital Group grew its position in Nuveen New York Select Tax-Free Income Portfolio by 60.1% in the second quarter. Breakwater Capital Group now owns 38,194 shares of the company’s stock valued at $447,000 after purchasing an additional 14,338 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in Nuveen New York Select Tax-Free Income Portfolio by 4.9% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 34,693 shares of the company’s stock valued at $404,000 after buying an additional 1,623 shares during the last quarter. Williams Jones Wealth Management LLC. bought a new stake in Nuveen New York Select Tax-Free Income Portfolio during the 1st quarter worth about $175,000. Finally, OMNI 360 Wealth Inc. bought a new stake in Nuveen New York Select Tax-Free Income Portfolio during the 2nd quarter worth about $146,000.

About Nuveen New York Select Tax-Free Income Portfolio

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.