Nuveen Municipal Value Fund, Inc. $NUV Stake Increased by Bar Harbor Wealth Management

Bar Harbor Wealth Management increased its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUVFree Report) by 26.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 468,825 shares of the closed-end fund’s stock after buying an additional 98,000 shares during the period. Bar Harbor Wealth Management’s holdings in Nuveen Municipal Value Fund were worth $4,215,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its stake in Nuveen Municipal Value Fund by 1.3% during the 4th quarter. Kestra Private Wealth Services LLC now owns 99,049 shares of the closed-end fund’s stock valued at $897,000 after acquiring an additional 1,224 shares during the last quarter. Prospera Financial Services Inc increased its position in shares of Nuveen Municipal Value Fund by 0.3% in the 4th quarter. Prospera Financial Services Inc now owns 475,589 shares of the closed-end fund’s stock worth $4,309,000 after purchasing an additional 1,379 shares during the last quarter. VestGen Advisors LLC increased its position in shares of Nuveen Municipal Value Fund by 3.2% in the 4th quarter. VestGen Advisors LLC now owns 44,391 shares of the closed-end fund’s stock worth $402,000 after purchasing an additional 1,391 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Nuveen Municipal Value Fund by 1.6% in the 4th quarter. Concurrent Investment Advisors LLC now owns 92,663 shares of the closed-end fund’s stock valued at $840,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Nuveen Municipal Value Fund by 30.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,873 shares of the closed-end fund’s stock valued at $60,000 after purchasing an additional 1,617 shares in the last quarter. 22.50% of the stock is owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Stock Up 0.3%

Shares of NUV stock opened at $9.15 on Wednesday. Nuveen Municipal Value Fund, Inc. has a one year low of $8.45 and a one year high of $9.26. The company’s 50-day simple moving average is $9.12 and its 200-day simple moving average is $9.11.

Nuveen Municipal Value Fund Dividend Announcement

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

About Nuveen Municipal Value Fund

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Nuveen Municipal Value Fund (NYSE:NUV)

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