Hennion & Walsh Asset Management Inc. Grows Stock Position in Nuveen Municipal Value Fund, Inc. $NUV

Key Points

• Hennion & Walsh Asset Management increased its Nuveen Municipal Value Fund position by 17.3% in the second quarter, bringing its holdings to 2.86 million shares valued at approximately $26.4 million.
• Institutional investors collectively own 22.5% of NUV, with several firms—including Guggenheim Capital, Wells Fargo, Raymond James and Focus Partners Wealth—also increasing their positions.
• NUV shares opened at $9.07, near the middle of their 52-week range, while the fund declared a monthly dividend of $0.0325 per share, representing an annualized yield of about 4.3%.

Hennion & Walsh Asset Management Inc. boosted its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV - Free Report) by 17.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,862,303 shares of the closed-end fund's stock after acquiring an additional 422,222 shares during the period. Nuveen Municipal Value Fund accounts for about 0.8% of Hennion & Walsh Asset Management Inc.'s investment portfolio, making the stock its 20th largest position. Hennion & Walsh Asset Management Inc. owned about 1.36% of Nuveen Municipal Value Fund worth $26,390,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG raised its position in Nuveen Municipal Value Fund by 2.0% during the fourth quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund's stock worth $65,062,000 after acquiring an additional 143,742 shares during the last quarter. Guggenheim Capital LLC grew its position in shares of Nuveen Municipal Value Fund by 41.7% in the fourth quarter. Guggenheim Capital LLC now owns 2,516,342 shares of the closed-end fund's stock valued at $22,798,000 after purchasing an additional 741,089 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Nuveen Municipal Value Fund by 14.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,164,243 shares of the closed-end fund's stock worth $19,608,000 after purchasing an additional 279,066 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Nuveen Municipal Value Fund by 19.0% during the 3rd quarter. Raymond James Financial Inc. now owns 2,107,720 shares of the closed-end fund's stock worth $18,927,000 after purchasing an additional 336,397 shares in the last quarter. Finally, Focus Partners Wealth increased its stake in shares of Nuveen Municipal Value Fund by 3,306.9% during the 4th quarter. Focus Partners Wealth now owns 1,881,405 shares of the closed-end fund's stock worth $17,046,000 after purchasing an additional 1,826,181 shares in 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 $9.07 on Friday. Nuveen Municipal Value Fund, Inc. has a 1 year low of $8.50 and a 1 year high of $9.26. The business has a 50 day moving average price of $9.13 and a 200 day moving average price of $9.13.

Nuveen Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be given a dividend of $0.0325 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) annualized dividend and a yield of 4.3%.

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.

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