Nuveen Select Tax Free Income Portfolio 3 (NYSE:NXR) Institutional Investors Q4 2016 Sentiment

June 19, 2017 - By Dolores Ford

 Nuveen Select Tax Free Income Portfolio 3 (NYSE:NXR) Institutional Investors  Q4 2016 Sentiment

Sentiment for Nuveen Select Tax Free Income Portfolio 3 (NYSE:NXR)

Nuveen Select Tax Free Income Portfolio 3 (NYSE:NXR) institutional sentiment increased to 4.75 in Q4 2016. Its up 3.75, from 1 in 2016Q3. The ratio improved, as 19 institutional investors started new or increased equity positions, while 4 sold and reduced stakes in Nuveen Select Tax Free Income Portfolio 3. The institutional investors in our partner’s database now possess: 2.46 million shares, up from 763,125 shares in 2016Q3. Also, the number of institutional investors holding Nuveen Select Tax Free Income Portfolio 3 in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 3 Increased: 12 New Position: 7.

Nuveen Select Tax-Free Income Portfolio 3 is a diversified closed-end management investment company. The company has market cap of $193.47 million. The Fund’s investment objective is that it seeks to provide current income and stable dividends, exempt from regular federal and designated state income taxes, where applicable, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations. It currently has negative earnings. The Fund’s portfolio composition includes various sectors, such as tax obligation/limited, tax obligation/general, healthcare, transportation, consumer staples, the United States guaranteed and Other.

It closed at $14.81 lastly. It is down 3.37% since June 19, 2016 and is downtrending. It has underperformed by 20.07% the S&P500.

Tortoise Investment Management Llc holds 0.76% of its portfolio in Nuveen Select Tax-Free Incom Portfolio 3 for 155,846 shares. Thomas J. Herzfeld Advisors Inc. owns 24,493 shares or 0.16% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 0.12% invested in the company for 63,687 shares. The Georgia-based Capital Investment Advisors Llc has invested 0.03% in the stock. Karpus Management Inc., a New York-based fund reported 39,025 shares.#img1#

Another recent and important Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) news was published by Nasdaq.com which published an article titled: “Nuveen Select Tax Free Income Portfolio III (NXR) Ex-Dividend Date Scheduled …” on June 12, 2017.

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