Advisors Asset Management Inc. Purchases 10,108 Shares of Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC)

Advisors Asset Management Inc. boosted its position in Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC) by 30.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 43,308 shares of the company’s stock after acquiring an additional 10,108 shares during the period. Advisors Asset Management Inc.’s holdings in Nuveen California Select Tax-Free Income Portfolio were worth $612,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. purchased a new position in Nuveen California Select Tax-Free Income Portfolio during the 2nd quarter valued at about $74,000. International Assets Investment Management LLC grew its holdings in Nuveen California Select Tax-Free Income Portfolio by 1,313.9% during the 3rd quarter. International Assets Investment Management LLC now owns 14,153 shares of the company’s stock valued at $200,000 after buying an additional 13,152 shares in the last quarter. Cetera Advisors LLC purchased a new position in Nuveen California Select Tax-Free Income Portfolio during the 1st quarter valued at about $201,000. Finally, Wolverine Asset Management LLC purchased a new position in Nuveen California Select Tax-Free Income Portfolio during the 2nd quarter valued at about $204,000. 11.89% of the stock is currently owned by institutional investors.

Nuveen California Select Tax-Free Income Portfolio Stock Up 2.4 %

NXC stock opened at $13.73 on Thursday. Nuveen California Select Tax-Free Income Portfolio has a twelve month low of $12.31 and a twelve month high of $14.18. The stock has a 50-day simple moving average of $13.76 and a two-hundred day simple moving average of $13.52.

Nuveen California Select Tax-Free Income Portfolio Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.0455 per share. The ex-dividend date is Friday, November 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.