Nuveen New York Municipal Valu (NYSE:NNY - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.17 and traded as low as $8.06. Nuveen New York Municipal Valu shares last traded at $8.09, with a volume of 76,535 shares traded.
Nuveen New York Municipal Valu Price Performance
The business has a fifty day moving average of $8.11 and a 200-day moving average of $8.17.
Nuveen New York Municipal Valu Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 15th will be issued a $0.0295 dividend. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend is Tuesday, July 15th.
Institutional Investors Weigh In On Nuveen New York Municipal Valu
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Grove Bank & Trust bought a new position in shares of Nuveen New York Municipal Valu during the first quarter valued at about $33,000. Opal Wealth Advisors LLC bought a new stake in shares of Nuveen New York Municipal Valu during the 1st quarter worth $36,000. XTX Topco Ltd bought a new stake in shares of Nuveen New York Municipal Valu during the 1st quarter worth $87,000. Realta Investment Advisors raised its stake in shares of Nuveen New York Municipal Valu by 71.3% during the 2nd quarter. Realta Investment Advisors now owns 17,338 shares of the investment management company's stock worth $141,000 after purchasing an additional 7,218 shares during the period. Finally, Nomura Holdings Inc. bought a new stake in shares of Nuveen New York Municipal Valu during the 4th quarter worth $196,000. 22.57% of the stock is owned by hedge funds and other institutional investors.
Nuveen New York Municipal Valu Company Profile
(
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Nuveen New York 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 New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.
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