Nuveen Municipal Value Fund, Inc. $NUV Shares Sold by 1607 Capital Partners LLC

1607 Capital Partners LLC lessened its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 19.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,903,992 shares of the closed-end fund’s stock after selling 461,178 shares during the period. Nuveen Municipal Value Fund makes up approximately 1.2% of 1607 Capital Partners LLC’s investment portfolio, making the stock its 14th largest position. 1607 Capital Partners LLC’s holdings in Nuveen Municipal Value Fund were worth $17,250,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in NUV. EverSource Wealth Advisors LLC acquired a new position in Nuveen Municipal Value Fund in the 4th quarter valued at about $28,000. Hantz Financial Services Inc. increased its stake in shares of Nuveen Municipal Value Fund by 166.5% during the 4th quarter. Hantz Financial Services Inc. now owns 3,059 shares of the closed-end fund’s stock valued at $28,000 after acquiring an additional 1,911 shares during the last quarter. Camelot Portfolios LLC acquired a new position in shares of Nuveen Municipal Value Fund during the 4th quarter valued at about $45,000. EQ Wealth Advisors LLC acquired a new position in shares of Nuveen Municipal Value Fund during the 4th quarter valued at about $47,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Nuveen Municipal Value Fund during the 4th quarter valued at about $50,000. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Trading Down 0.3%

Shares of NYSE:NUV opened at $9.10 on Thursday. Nuveen Municipal Value Fund, Inc. has a 1 year low of $8.45 and a 1 year high of $9.26. The stock has a 50-day simple moving average of $9.12 and a 200-day simple moving average of $9.11.

Nuveen Municipal Value Fund Dividend Announcement

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

About Nuveen Municipal Value Fund

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.