Redwood Family Wealth LLC Makes New $1.51 Million Investment in Nuveen Municipal Value Fund, Inc. $NUV

Redwood Family Wealth LLC bought a new stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the fourth quarter, Holdings Channel reports. The fund bought 167,108 shares of the closed-end fund’s stock, valued at approximately $1,514,000. Nuveen Municipal Value Fund accounts for approximately 1.5% of Redwood Family Wealth LLC’s investment portfolio, making the stock its 16th largest holding.

Other large investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter worth approximately $28,000. Hantz Financial Services Inc. increased its position in Nuveen Municipal Value Fund by 166.5% during the 4th 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 in the last quarter. Camelot Portfolios LLC purchased a new position in Nuveen Municipal Value Fund during the fourth quarter valued at $45,000. EQ Wealth Advisors LLC purchased a new position in Nuveen Municipal Value Fund during the fourth quarter valued at $47,000. Finally, International Assets Investment Management LLC purchased a new position in Nuveen Municipal Value Fund during the fourth quarter valued at $50,000. 22.50% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Price Performance

Nuveen Municipal Value Fund stock opened at $9.15 on Friday. Nuveen Municipal Value Fund, Inc. has a 12 month low of $8.45 and a 12 month high of $9.26. The business’s fifty day simple moving average is $9.12 and its two-hundred day simple moving average is $9.11.

Nuveen Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.0325 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, June 15th.

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.