65,909 Shares in Nuveen Municipal Value Fund, Inc. $NUV Bought by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC bought a new stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 65,909 shares of the closed-end fund’s stock, valued at approximately $608,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Roman Butler Fullerton & Co. increased its holdings in shares of Nuveen Municipal Value Fund by 0.5% during the first quarter. Roman Butler Fullerton & Co. now owns 251,547 shares of the closed-end fund’s stock valued at $2,314,000 after acquiring an additional 1,182 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in Nuveen Municipal Value Fund by 1.3% in the 4th quarter. Kestra Private Wealth Services LLC now owns 99,049 shares of the closed-end fund’s stock worth $897,000 after purchasing an additional 1,224 shares in the last quarter. Hilltop Holdings Inc. boosted its stake in Nuveen Municipal Value Fund by 1.8% in the 1st quarter. Hilltop Holdings Inc. now owns 70,598 shares of the closed-end fund’s stock worth $635,000 after purchasing an additional 1,241 shares in the last quarter. Prospera Financial Services Inc grew its position in 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. Finally, VestGen Advisors LLC grew its position in Nuveen Municipal Value Fund by 3.2% during the 4th quarter. VestGen Advisors LLC now owns 44,391 shares of the closed-end fund’s stock worth $402,000 after purchasing an additional 1,391 shares during the last quarter. 22.50% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Stock Performance

Shares of Nuveen Municipal Value Fund stock opened at $8.93 on Thursday. The firm’s 50 day simple moving average is $9.11 and its two-hundred day simple moving average is $9.12. Nuveen Municipal Value Fund, Inc. has a 12-month low of $8.63 and a 12-month high of $9.26.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a $0.0325 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, August 14th.

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.