Jones Financial Companies Lllp Has $5.70 Million Position in Nuveen Municipal Value Fund, Inc. $NUV

Jones Financial Companies Lllp boosted its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 46.5% in the third quarter, Holdings Channel.com reports. The fund owned 632,281 shares of the closed-end fund’s stock after buying an additional 200,562 shares during the quarter. Jones Financial Companies Lllp’s holdings in Nuveen Municipal Value Fund were worth $5,703,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in NUV. Ameritas Advisory Services LLC bought a new position in shares of Nuveen Municipal Value Fund in the 2nd quarter worth $33,000. SouthState Corp acquired a new position in Nuveen Municipal Value Fund in the second quarter valued at about $58,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Nuveen Municipal Value Fund by 30.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,873 shares of the closed-end fund’s stock worth $60,000 after buying an additional 1,617 shares during the last quarter. Coordinated Financial Services Inc. bought a new position in Nuveen Municipal Value Fund during the second quarter worth about $87,000. Finally, CWM LLC increased its stake in shares of Nuveen Municipal Value Fund by 38.3% in the 3rd quarter. CWM LLC now owns 11,270 shares of the closed-end fund’s stock valued at $101,000 after acquiring an additional 3,123 shares during the last quarter. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Trading Up 0.1%

Shares of NYSE:NUV opened at $9.18 on Friday. The firm’s 50 day simple moving average is $9.07 and its 200 day simple moving average is $8.93. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.38 and a fifty-two week high of $9.19.

Nuveen Municipal Value Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be paid a $0.0325 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, February 13th.

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.