Chicago Partners Investment Group LLC Reduces Stock Holdings in Nuveen Municipal Value Fund, Inc. $NUV

Chicago Partners Investment Group LLC lessened its stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 8.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 716,004 shares of the closed-end fund’s stock after selling 68,373 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Nuveen Municipal Value Fund were worth $6,466,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of NUV. Ameritas Advisory Services LLC bought a new position in Nuveen Municipal Value Fund during the second quarter valued at $33,000. SouthState Corp bought a new stake in shares of Nuveen Municipal Value Fund in the 2nd quarter worth about $58,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Nuveen Municipal Value Fund by 30.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,873 shares of the closed-end fund’s stock worth $60,000 after purchasing an additional 1,617 shares during the period. Coordinated Financial Services Inc. bought a new position in Nuveen Municipal Value Fund during the 2nd quarter valued at about $87,000. Finally, Annex Advisory Services LLC purchased a new stake in Nuveen Municipal Value Fund in the 2nd quarter worth about $101,000. 22.50% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Stock Down 0.5%

NUV opened at $9.13 on Wednesday. The stock’s 50 day moving average price is $9.06 and its 200-day moving average price is $8.90. Nuveen Municipal Value Fund, Inc. has a one year low of $8.38 and a one year high of $9.18.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th will be issued a $0.0325 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Thursday, January 15th.

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.