Dynamic Financial Group Has $913,000 Stock Holdings in Nuveen Municipal Value Fund, Inc. $NUV

Key Points

• Dynamic Financial Group significantly increased its holdings in Nuveen Municipal Value Fund by 452.5%, now owning 104,061 shares after purchasing an additional 85,226 shares in the first quarter.
• Nuveen Municipal Value Fund recently declared a monthly dividend of $0.0325, resulting in a 4.5% annualized dividend yield, with the payment set for September 2nd.
• Shares of Nuveen Municipal Value Fund are currently priced at $8.59, with a one-year low of $8.38 and a high of $9.15.

Dynamic Financial Group grew its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV - Free Report) by 452.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,061 shares of the closed-end fund's stock after buying an additional 85,226 shares during the quarter. Nuveen Municipal Value Fund accounts for about 0.9% of Dynamic Financial Group's investment portfolio, making the stock its 14th biggest holding. Dynamic Financial Group owned about 0.05% of Nuveen Municipal Value Fund worth $913,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its holdings in shares of Nuveen Municipal Value Fund by 274.5% in the first quarter. Farther Finance Advisors LLC now owns 3,869 shares of the closed-end fund's stock valued at $34,000 after buying an additional 2,836 shares during the period. South Plains Financial Inc. acquired a new stake in Nuveen Municipal Value Fund in the fourth quarter valued at $37,000. Dagco Inc. acquired a new stake in Nuveen Municipal Value Fund in the first quarter valued at $42,000. EQ Wealth Advisors LLC bought a new position in shares of Nuveen Municipal Value Fund in the first quarter valued at about $45,000. Finally, Flagship Wealth Advisors LLC raised its position in shares of Nuveen Municipal Value Fund by 80.0% in the first quarter. Flagship Wealth Advisors LLC now owns 5,625 shares of the closed-end fund's stock valued at $49,000 after purchasing an additional 2,500 shares during the period. Institutional investors and hedge funds own 22.50% of the company's stock.

Nuveen Municipal Value Fund Price Performance

Shares of NUV traded up $0.0450 during trading hours on Wednesday, hitting $8.6250. The company had a trading volume of 421,770 shares, compared to its average volume of 470,430. Nuveen Municipal Value Fund, Inc. has a 12 month low of $8.38 and a 12 month high of $9.15. The business has a fifty day moving average of $8.61 and a 200-day moving average of $8.66.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a dividend of $0.0325 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Friday, August 15th.

Nuveen Municipal Value Fund Company Profile

Nuveen Municipal Value Fund, Inc is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments.