Leigh Baldwin & CO. LLC Takes $1.03 Million Position in Nuveen Municipal Value Fund, Inc. $NUV

Leigh Baldwin & CO. LLC acquired a new position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 117,483 shares of the closed-end fund’s stock, valued at approximately $1,027,000. Leigh Baldwin & CO. LLC owned about 0.06% of Nuveen Municipal Value Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in NUV. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Nuveen Municipal Value Fund by 17.3% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 2,862,303 shares of the closed-end fund’s stock valued at $26,390,000 after purchasing an additional 422,222 shares in the last quarter. UBS Group AG lifted its stake in shares of Nuveen Municipal Value Fund by 2.0% in the 4th quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund’s stock valued at $65,062,000 after purchasing an additional 143,742 shares during the last quarter. Ehrlich Financial Group boosted its holdings in Nuveen Municipal Value Fund by 210.8% in the second quarter. Ehrlich Financial Group now owns 356,385 shares of the closed-end fund’s stock worth $3,286,000 after purchasing an additional 241,716 shares in the last quarter. Tortoise Investment Management LLC bought a new stake in Nuveen Municipal Value Fund in the second quarter worth $4,703,000. Finally, Bar Harbor Wealth Management boosted its holdings in Nuveen Municipal Value Fund by 26.4% in the first quarter. Bar Harbor Wealth Management now owns 468,825 shares of the closed-end fund’s stock worth $4,215,000 after purchasing an additional 98,000 shares in the last quarter. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Price Performance

Nuveen Municipal Value Fund stock opened at $8.97 on Monday. Nuveen Municipal Value Fund, Inc. has a one year low of $8.60 and a one year high of $9.26. The company’s fifty day moving average price is $9.12 and its two-hundred day moving average price is $9.13.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.0325 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.