Fiera Capital Corp Takes $1.75 Million Position in Nuveen New York Municipal Valu $NNY

Fiera Capital Corp acquired a new position in Nuveen New York Municipal Valu (NYSE:NNY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 204,509 shares of the investment management company’s stock, valued at approximately $1,751,000. Fiera Capital Corp owned about 1.08% of Nuveen New York Municipal Valu at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. UBS Group AG grew its stake in Nuveen New York Municipal Valu by 3.9% in the 4th quarter. UBS Group AG now owns 538,911 shares of the investment management company’s stock valued at $4,615,000 after purchasing an additional 20,349 shares during the period. Hennion & Walsh Asset Management Inc. grew its stake in Nuveen New York Municipal Valu by 62.3% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 412,635 shares of the investment management company’s stock valued at $3,534,000 after purchasing an additional 158,370 shares during the period. Raymond James Financial Inc. grew its stake in Nuveen New York Municipal Valu by 71.2% in the 3rd quarter. Raymond James Financial Inc. now owns 68,416 shares of the investment management company’s stock valued at $565,000 after purchasing an additional 28,449 shares during the period. Marshall & Sterling Wealth Advisors Inc. grew its stake in Nuveen New York Municipal Valu by 5.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 61,730 shares of the investment management company’s stock valued at $529,000 after purchasing an additional 2,932 shares during the period. Finally, Breakwater Capital Group grew its stake in Nuveen New York Municipal Valu by 6.4% in the 4th quarter. Breakwater Capital Group now owns 33,282 shares of the investment management company’s stock valued at $285,000 after purchasing an additional 2,008 shares during the period. Institutional investors own 22.50% of the company’s stock.

Nuveen New York Municipal Valu Stock Performance

Shares of NYSE:NNY opened at $8.69 on Wednesday. The business has a fifty day moving average price of $8.53 and a two-hundred day moving average price of $8.53. Nuveen New York Municipal Valu has a 1 year low of $7.77 and a 1 year high of $8.94.

Nuveen New York Municipal Valu Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a $0.0295 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 4.1%.

Nuveen New York Municipal Valu Profile

Nuveen New York Municipal Value Fund, Inc (NYSE: NNY) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State income taxes. The fund primarily invests in investment-grade municipal securities issued by public issuers in the State of New York, including general obligation bonds and revenue bonds issued to finance essential public projects such as schools, transportation infrastructure and utility systems.

As a diversified municipal bond fund, NNY’s portfolio spans a broad range of maturities and credit qualities within the investment-grade universe.