152,594 Shares in Nuveen Municipal Value Fund, Inc. $NUV Purchased by Tandem Financial LLC

Tandem Financial LLC bought a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 152,594 shares of the closed-end fund’s stock, valued at approximately $1,412,000. Nuveen Municipal Value Fund comprises approximately 0.4% of Tandem Financial LLC’s portfolio, making the stock its 28th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of NUV. Global Retirement Partners LLC purchased a new position in Nuveen Municipal Value Fund in the second quarter valued at approximately $27,000. EverSource Wealth Advisors LLC purchased a new stake in Nuveen Municipal Value Fund in the fourth quarter worth $28,000. Hantz Financial Services Inc. raised its stake in shares of Nuveen Municipal Value Fund by 166.5% in the fourth quarter. Hantz Financial Services Inc. now owns 3,059 shares of the closed-end fund’s stock valued at $28,000 after buying an additional 1,911 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Nuveen Municipal Value Fund during the 2nd quarter valued at $39,000. Finally, Camelot Portfolios LLC bought a new position in shares of Nuveen Municipal Value Fund during the 4th quarter worth $45,000. 22.50% of the stock is owned by institutional investors.

Nuveen Municipal Value Fund Stock Performance

Shares of Nuveen Municipal Value Fund stock opened at $8.95 on Tuesday. Nuveen Municipal Value Fund, Inc. has a 52-week low of $8.60 and a 52-week high of $9.26. The stock’s 50-day simple moving average is $9.11 and its 200 day simple moving average is $9.12.

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 $0.0325 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.