Nuveen New York Municipal Value Fund (NYSE:NNY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.23 and traded as high as $8.36. Nuveen New York Municipal Value Fund shares last traded at $8.33, with a volume of 7,141 shares changing hands.
Nuveen New York Municipal Value Fund Price Performance
The firm has a 50-day moving average price of $8.19 and a 200-day moving average price of $8.22.
Nuveen New York Municipal Value Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be given a $0.0295 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.35 annualized dividend and a yield of 4.32%.
Institutional Trading of Nuveen New York Municipal Value Fund
A number of large investors have recently made changes to their positions in the stock. Grove Bank & Trust bought a new position in Nuveen New York Municipal Value Fund in the first quarter worth approximately $33,000. Opal Wealth Advisors LLC bought a new stake in shares of Nuveen New York Municipal Value Fund during the 1st quarter valued at $36,000. Pacific Wealth Strategies Group Inc. purchased a new position in shares of Nuveen New York Municipal Value Fund during the 4th quarter valued at $80,000. XTX Topco Ltd bought a new position in Nuveen New York Municipal Value Fund in the 1st quarter worth $87,000. Finally, Nomura Holdings Inc. purchased a new stake in Nuveen New York Municipal Value Fund in the 4th quarter worth $196,000. 22.57% of the stock is currently owned by institutional investors.
About Nuveen New York Municipal Value Fund
(
Get Free Report)
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.
Read More
Before you consider Nuveen New York Municipal Value Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen New York Municipal Value Fund wasn't on the list.
While Nuveen New York Municipal Value Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
