4 days Ago By Defense World Staff
Wells Fargo & Company MN lifted its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV – Free Report) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 1,324,935 shares of the closed-end fund’s stock after buying an additional 26,623 shares during the period. Wells Fargo & Company MN’s holdings in Nuveen Municipal Value Fund were worth $11,381,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors have also recently made changes to their positions in the company.
Raymond James Financial Inc. purchased a new stake in Nuveen Municipal Value Fund in the fourth quarter valued at $19,874,000. Rivernorth Capital Management LLC lifted its position in Nuveen Municipal Value Fund by 9.
1% in the third quarter. Rivernorth Capital Management LLC now owns 7,420,686 shares of the closed-end fund’s stock valued at $66,935,000 after buying an additional 618,364 shares during the last quarter. Essential Planning LLC.
purchased a new position in Nuveen Municipal Value Fund during the fourth quarter worth about $4,691,000. Hennion & Walsh Asset Management Inc. increased its position in shares of Nuveen Municipal Value Fund by 51.
0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,354,412 shares of the closed-end fund’s stock valued at $11,634,000 after acquiring an additional 457,422 shares during the last quarter.
Finally, Ibex Wealth Advisors purchased a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter valued at approximately $1,490,000. Hedge funds and other institutional investors own 22.50% of the company’s stock.
Nuveen Municipal Value Fund Stock PerformanceShares of NUV stock opened at $8.56 on Wednesday. The firm’s 50 day moving average price is $8.
75 and its 200-day moving average price is $8.80. Nuveen Municipal Value Fund, Inc.
has a one year low of $8.35 and a one year high of $9.15.
Nuveen Municipal Value Fund Announces DividendThe company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be issued a dividend of $0.0325 per share.
This represents a $0.39 dividend on an annualized basis and a yield of 4.56%.
The ex-dividend date is Tuesday, April 15th. About Nuveen Municipal Value Fund (Free Report)Nuveen Municipal Value Fund, Inc 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 the United States.
The fund also invests some portion of its portfolio in derivative instruments.Featured StoriesFive stocks we like better than Nuveen Municipal Value FundWith Risk Tolerance, One Size Does Not Fit AllBeware of BigBear.ai: Insiders Are Selling—Should You?Find and Profitably Trade Stocks at 52-Week LowsCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsTSX Venture Exchange (Formerly Canadian Venture Exchange)Congress! Who Traded What During the Tariff-Induced Meltdown Want to see what other hedge funds are holding NUV? Visit HoldingsChannel.
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