Magnolia Capital Advisors LLC Buys Shares of 65,909 Nuveen Municipal Value Fund, Inc. $NUV

Magnolia Capital Advisors LLC purchased a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) during the second quarter, according to its most recent filing with the SEC. The firm purchased 65,909 shares of the closed-end fund’s stock, valued at approximately $608,000.

Several other large investors have also recently made changes to their positions in NUV. Western Wealth Management LLC purchased a new stake in shares of Nuveen Municipal Value Fund during the 2nd quarter worth $332,000. Tandem Financial LLC purchased a new position in Nuveen Municipal Value Fund in the second quarter valued at about $1,412,000. Leigh Baldwin & CO. LLC purchased a new position in Nuveen Municipal Value Fund in the second quarter valued at about $1,027,000. Sanctuary Advisors LLC bought a new position in Nuveen Municipal Value Fund in the second quarter worth about $2,058,000. Finally, Capital Square LLC bought a new position in Nuveen Municipal Value Fund in the second quarter worth about $315,000. 22.50% of the stock is owned by institutional investors.

Nuveen Municipal Value Fund Price Performance

NUV stock opened at $8.93 on Thursday. Nuveen Municipal Value Fund, Inc. has a one year low of $8.63 and a one year high of $9.26. The firm has a 50-day simple moving average of $9.11 and a two-hundred day simple moving average of $9.12.

Nuveen Municipal Value Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a dividend of $0.0325 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Nuveen Municipal Value Fund 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.