Nuveen Municipal Value Fund, Inc. $NUV Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC decreased its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 3.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,653,343 shares of the closed-end fund’s stock after selling 105,242 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Nuveen Municipal Value Fund were worth $23,827,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NUV. SouthState Corp acquired a new position in Nuveen Municipal Value Fund in the second quarter valued at $58,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Nuveen Municipal Value Fund by 30.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,873 shares of the closed-end fund’s stock worth $60,000 after buying an additional 1,617 shares during the period. CWM LLC grew its holdings in shares of Nuveen Municipal Value Fund by 38.3% during the third quarter. CWM LLC now owns 11,270 shares of the closed-end fund’s stock worth $101,000 after buying an additional 3,123 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Nuveen Municipal Value Fund during the second quarter worth about $101,000. Finally, Essex Bank acquired a new position in Nuveen Municipal Value Fund in the 3rd quarter valued at about $103,000. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Up 0.1%

NUV opened at $9.21 on Monday. Nuveen Municipal Value Fund, Inc. has a 52 week low of $8.38 and a 52 week high of $9.23. The business has a 50 day moving average price of $9.09 and a two-hundred day moving average price of $8.99.

Nuveen Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of $0.0325 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, February 13th.

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.