Howard Financial Services LTD. Invests $816,000 in Nuveen Municipal Value Fund, Inc. $NUV

Howard Financial Services LTD. bought a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the 4th quarter, HoldingsChannel.com reports. The firm bought 90,060 shares of the closed-end fund’s stock, valued at approximately $816,000.

A number of other hedge funds have also recently modified their holdings of NUV. Seven Mile Advisory acquired a new stake in Nuveen Municipal Value Fund during the 3rd quarter worth $5,563,000. Hennion & Walsh Asset Management Inc. boosted its stake in Nuveen Municipal Value Fund by 23.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 2,368,391 shares of the closed-end fund’s stock valued at $21,268,000 after acquiring an additional 450,896 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Nuveen Municipal Value Fund by 19.0% during the third quarter. Raymond James Financial Inc. now owns 2,107,720 shares of the closed-end fund’s stock worth $18,927,000 after purchasing an additional 336,397 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Nuveen Municipal Value Fund by 46.5% during the third quarter. Jones Financial Companies Lllp now owns 632,281 shares of the closed-end fund’s stock worth $5,703,000 after purchasing an additional 200,562 shares in the last quarter. Finally, UBS Group AG increased its position in shares of Nuveen Municipal Value Fund by 1.8% during the third quarter. UBS Group AG now owns 7,037,473 shares of the closed-end fund’s stock worth $63,197,000 after purchasing an additional 122,456 shares in the last quarter. 22.50% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Price Performance

Nuveen Municipal Value Fund stock opened at $9.00 on Wednesday. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.38 and a fifty-two week high of $9.26. The stock has a 50-day simple moving average of $9.16 and a 200-day simple moving average of $9.07.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be given a dividend of $0.0325 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) annualized dividend and a yield of 4.3%.

About Nuveen Municipal Value Fund

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.