Seelaus Asset Management LLC Acquires 4,550 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Posted by on Mar 27th, 2023

Seelaus Asset Management LLC raised its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV – Get Rating) by 37.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,850 shares of the closed-end fund’s stock after buying an additional 4,550 shares during the quarter. Seelaus Asset Management LLC’s holdings in Nuveen Municipal Value Fund were worth $145,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. UBS Group AG raised its stake in Nuveen Municipal Value Fund by 15.3% in the first quarter. UBS Group AG now owns 3,386,917 shares of the closed-end fund’s stock worth $32,447,000 after buying an additional 450,637 shares in the last quarter. Tiedemann Advisors LLC lifted its stake in shares of Nuveen Municipal Value Fund by 70.4% in the 3rd quarter. Tiedemann Advisors LLC now owns 632,742 shares of the closed-end fund’s stock valued at $5,366,000 after purchasing an additional 261,459 shares during the period. Hennion & Walsh Asset Management Inc. boosted its position in shares of Nuveen Municipal Value Fund by 81.5% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 374,759 shares of the closed-end fund’s stock valued at $3,170,000 after purchasing an additional 168,296 shares in the last quarter. LPL Financial LLC boosted its position in shares of Nuveen Municipal Value Fund by 21.0% during the second quarter. LPL Financial LLC now owns 858,910 shares of the closed-end fund’s stock valued at $7,670,000 after purchasing an additional 149,124 shares in the last quarter. Finally, Guggenheim Capital LLC grew its stake in Nuveen Municipal Value Fund by 175.1% in the first quarter. Guggenheim Capital LLC now owns 175,525 shares of the closed-end fund’s stock worth $1,682,000 after purchasing an additional 111,717 shares during the period. 17.32% of the stock is currently owned by institutional investors.

Nuveen Municipal Value Fund Price Performance

Shares of Nuveen Municipal Value Fund stock opened at $8.67 on Monday. Nuveen Municipal Value Fund, Inc. has a 12 month low of $8.25 and a 12 month high of $9.64. The business has a fifty day simple moving average of $8.89 and a two-hundred day simple moving average of $8.70.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, April 3rd. Investors of record on Wednesday, March 15th will be given a dividend of $0.028 per share. The ex-dividend date is Tuesday, March 14th. This represents a $0.34 dividend on an annualized basis and a yield of 3.88%.

Nuveen Municipal Value Fund Company Profile

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Nuveen Municipal Value Fund, Inc is a closed-end diversified management investment fund. Its objective is current income exempt from federal income taxes and its secondary objective is the enhancement of portfolio value through selection of tax-exempt bonds and municipal market sectors. The company was founded on April 8, 1987 and is headquartered in Chicago, IL.

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Institutional Ownership by Quarter for Nuveen Municipal Value Fund (NYSE:NUV)

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