Wolverine Asset Management LLC Raises Position in Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC)

Wolverine Asset Management LLC lifted its stake in Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC) by 535.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,980 shares of the company’s stock after buying an additional 26,947 shares during the period. Wolverine Asset Management LLC owned approximately 0.50% of Nuveen California Select Tax-Free Income Portfolio worth $409,000 as of its most recent SEC filing.

Separately, Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Nuveen California Select Tax-Free Income Portfolio in the fourth quarter worth about $148,000. Hedge funds and other institutional investors own 11.89% of the company’s stock.

Nuveen California Select Tax-Free Income Portfolio Price Performance

Shares of NXC opened at $12.98 on Friday. Nuveen California Select Tax-Free Income Portfolio has a one year low of $11.86 and a one year high of $13.70. The stock has a 50-day moving average price of $13.19 and a 200 day moving average price of $12.85.

Nuveen California Select Tax-Free Income Portfolio Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.0455 dividend. The ex-dividend date is Friday, April 12th.

About Nuveen California Select Tax-Free Income Portfolio

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.