Nuveen Municipal Value Fund, Inc. $NUV Position Trimmed by Broyhill Asset Management LLC

Broyhill Asset Management LLC decreased its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 52.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 105,310 shares of the closed-end fund’s stock after selling 116,023 shares during the period. Broyhill Asset Management LLC owned about 0.05% of Nuveen Municipal Value Fund worth $954,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Seven Mile Advisory bought a new stake in Nuveen Municipal Value Fund in the third quarter worth about $5,563,000. UBS Group AG raised its position in Nuveen Municipal Value Fund by 2.0% in the fourth quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund’s stock worth $65,062,000 after acquiring an additional 143,742 shares in the last quarter. Bar Harbor Wealth Management raised its position in Nuveen Municipal Value Fund by 32.3% in the fourth quarter. Bar Harbor Wealth Management now owns 370,825 shares of the closed-end fund’s stock worth $3,360,000 after acquiring an additional 90,462 shares in the last quarter. Howard Financial Services LTD. bought a new stake in Nuveen Municipal Value Fund in the fourth quarter worth about $816,000. Finally, Congress Park Capital LLC raised its holdings in Nuveen Municipal Value Fund by 9.7% during the 4th quarter. Congress Park Capital LLC now owns 709,132 shares of the closed-end fund’s stock worth $6,425,000 after buying an additional 62,500 shares during the period. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

NYSE NUV opened at $9.12 on Friday. The stock’s 50-day moving average price is $9.12 and its two-hundred day moving average price is $9.11. Nuveen Municipal Value Fund, Inc. has a 1 year low of $8.43 and a 1 year high of $9.26.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0325 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Monday, June 15th.

Nuveen Municipal Value Fund Profile

The Nuveen Municipal Value Fund (NYSE:NUV) is a closed-end management investment company that seeks to provide its shareholders with current income exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities, including bonds and other debt obligations issued by state, municipal, and local governments across the United States. Through its diversified portfolio, NUV aims to deliver a stable stream of tax-advantaged income while preserving capital.

NUV’s investment strategy focuses on long-term municipal bonds, selecting securities based on credit quality, yield potential, and sector diversification.