UBS Group AG Grows Stock Position in Nuveen Municipal Value Fund, Inc. $NUV

UBS Group AG boosted its stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 2.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,181,215 shares of the closed-end fund’s stock after buying an additional 143,742 shares during the period. UBS Group AG’s holdings in Nuveen Municipal Value Fund were worth $65,062,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of NUV. Seven Mile Advisory purchased a new stake in Nuveen Municipal Value Fund during the 3rd quarter valued at $5,563,000. Hennion & Walsh Asset Management Inc. raised its holdings in Nuveen Municipal Value Fund by 23.5% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 2,368,391 shares of the closed-end fund’s stock valued at $21,268,000 after buying an additional 450,896 shares during the period. Raymond James Financial Inc. raised its holdings in Nuveen Municipal Value Fund by 19.0% during the 3rd quarter. Raymond James Financial Inc. now owns 2,107,720 shares of the closed-end fund’s stock valued at $18,927,000 after buying an additional 336,397 shares during the period. Jones Financial Companies Lllp raised its holdings in Nuveen Municipal Value Fund by 46.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 632,281 shares of the closed-end fund’s stock valued at $5,703,000 after buying an additional 200,562 shares during the period. Finally, Bar Harbor Wealth Management raised its holdings in Nuveen Municipal Value Fund by 32.3% during the 4th quarter. Bar Harbor Wealth Management now owns 370,825 shares of the closed-end fund’s stock valued at $3,360,000 after buying an additional 90,462 shares during the period. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

NYSE:NUV opened at $9.06 on Tuesday. The stock’s fifty day moving average is $9.14 and its 200 day moving average is $9.10. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.43 and a fifty-two week high of $9.26.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be paid a $0.0325 dividend. The ex-dividend date is Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

Nuveen Municipal Value Fund Company 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.