Nuveen Municipal Value Fund, Inc. $NUV Shares Bought by Ehrlich Financial Group

Ehrlich Financial Group grew its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 210.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 356,385 shares of the closed-end fund’s stock after buying an additional 241,716 shares during the period. Nuveen Municipal Value Fund accounts for approximately 1.7% of Ehrlich Financial Group’s investment portfolio, making the stock its 15th largest position. Ehrlich Financial Group’s holdings in Nuveen Municipal Value Fund were worth $3,286,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. UBS Group AG increased its position in shares of Nuveen Municipal Value Fund by 2.0% during the 4th quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund’s stock worth $65,062,000 after purchasing an additional 143,742 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Nuveen Municipal Value Fund by 17.3% in the second 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 buying an additional 422,222 shares during the last quarter. Guggenheim Capital LLC boosted its stake in Nuveen Municipal Value Fund by 41.7% during the fourth quarter. Guggenheim Capital LLC now owns 2,516,342 shares of the closed-end fund’s stock worth $22,798,000 after buying an additional 741,089 shares during the period. Wells Fargo & Company MN boosted its stake in Nuveen Municipal Value Fund by 14.8% during the fourth quarter. Wells Fargo & Company MN now owns 2,164,243 shares of the closed-end fund’s stock worth $19,608,000 after buying an additional 279,066 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of Nuveen Municipal Value Fund by 19.0% during the third quarter. Raymond James Financial Inc. now owns 2,107,720 shares of the closed-end fund’s stock valued at $18,927,000 after acquiring an additional 336,397 shares during the last quarter. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Trading Up 0.5%

Shares of NUV opened at $9.07 on Friday. The firm has a 50-day simple moving average of $9.13 and a two-hundred day simple moving average of $9.13. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.50 and a 1-year high of $9.26.

Nuveen Municipal Value Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given 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%.

Nuveen Municipal Value Fund 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.