Nuveen Municipal Value Fund (NYSE:NUV) Sets New 12-Month High – What’s Next?

Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $9.20 and last traded at $9.1850, with a volume of 74865 shares traded. The stock had previously closed at $9.18.

Nuveen Municipal Value Fund Stock Up 0.1%

The company has a 50 day moving average of $9.07 and a two-hundred day moving average of $8.94.

Nuveen Municipal Value Fund Dividend Announcement

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

Institutional Investors Weigh In On Nuveen Municipal Value Fund

Institutional investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. raised its position in Nuveen Municipal Value Fund by 166.5% during the fourth quarter. Hantz Financial Services Inc. now owns 3,059 shares of the closed-end fund’s stock worth $28,000 after acquiring an additional 1,911 shares during the period. Mathes Company Inc. increased its stake in shares of Nuveen Municipal Value Fund by 7.4% during the fourth quarter. Mathes Company Inc. now owns 145,000 shares of the closed-end fund’s stock worth $1,314,000 after purchasing an additional 10,000 shares in the last quarter. Prospera Financial Services Inc raised its position in shares of Nuveen Municipal Value Fund by 0.3% during 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. EverSource Wealth Advisors LLC purchased a new position in Nuveen Municipal Value Fund in the 4th quarter valued at about $28,000. Finally, Delta Financial Advisors LLC acquired a new stake in Nuveen Municipal Value Fund in the 4th quarter worth about $182,000. Institutional investors and hedge funds own 22.50% of the company’s stock.

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.