Sanctuary Advisors LLC Buys Shares of 223,189 Nuveen Municipal Value Fund, Inc. $NUV

Key Points

• Sanctuary Advisors LLC acquired 223,189 shares of Nuveen Municipal Value Fund, valued at approximately $2.06 million, representing about 0.11% of the fund.
• Other institutional investors also increased or initiated positions, bringing total institutional and hedge-fund ownership to 22.5%.
• NUV traded at $8.93, near the lower end of its 52-week range, and declared a monthly dividend of $0.0325 per share, implying an annualized yield of approximately 4.4%.

Sanctuary Advisors LLC bought a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 223,189 shares of the closed-end fund's stock, valued at approximately $2,058,000. Sanctuary Advisors LLC owned approximately 0.11% of Nuveen Municipal Value Fund at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. raised its holdings in Nuveen Municipal Value Fund by 17.3% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 2,862,303 shares of the closed-end fund's stock valued at $26,390,000 after acquiring an additional 422,222 shares during the last quarter. UBS Group AG lifted its holdings in Nuveen Municipal Value Fund by 2.0% in the fourth quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund's stock valued at $65,062,000 after acquiring an additional 143,742 shares during the last quarter. Ehrlich Financial Group lifted its stake in shares of Nuveen Municipal Value Fund by 210.8% in the 2nd quarter. Ehrlich Financial Group now owns 356,385 shares of the closed-end fund's stock valued at $3,286,000 after purchasing an additional 241,716 shares during the last quarter. Tortoise Investment Management LLC purchased a new stake in Nuveen Municipal Value Fund in the 2nd quarter valued at about $4,703,000. Finally, Redwood Family Wealth LLC purchased a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter valued at approximately $1,514,000. 22.50% of the stock is owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Stock Performance

NYSE:NUV opened at $8.93 on Thursday. The stock's fifty day moving average is $9.11 and its two-hundred day moving average is $9.12. Nuveen Municipal Value Fund, Inc. has a 52 week low of $8.63 and a 52 week high of $9.26.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a dividend of $0.0325 per share. 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 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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