Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Short Interest Update

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 8,353 shares, a decline of 59.0% from the April 15th total of 20,361 shares. Based on an average daily volume of 33,324 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

Several institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp acquired a new stake in Nuveen AMT-Free Municipal Value Fund in the first quarter valued at $79,000. Kestra Advisory Services LLC raised its holdings in Nuveen AMT-Free Municipal Value Fund by 4.1% in the first quarter. Kestra Advisory Services LLC now owns 40,247 shares of the company’s stock valued at $577,000 after acquiring an additional 1,593 shares in the last quarter. Stephens Inc. AR raised its holdings in Nuveen AMT-Free Municipal Value Fund by 5.8% in the first quarter. Stephens Inc. AR now owns 18,180 shares of the company’s stock valued at $261,000 after acquiring an additional 1,000 shares in the last quarter. Breakwater Capital Group raised its holdings in Nuveen AMT-Free Municipal Value Fund by 11.8% in the first quarter. Breakwater Capital Group now owns 57,371 shares of the company’s stock valued at $822,000 after acquiring an additional 6,036 shares in the last quarter. Finally, Redwood Family Wealth LLC acquired a new stake in Nuveen AMT-Free Municipal Value Fund in the fourth quarter valued at $215,000.

Nuveen AMT-Free Municipal Value Fund Trading Down 1.0%

Shares of NYSE NUW traded down $0.14 during trading on Friday, reaching $13.91. 39,593 shares of the stock were exchanged, compared to its average volume of 38,967. The business’s 50-day moving average price is $14.26 and its 200 day moving average price is $14.32. Nuveen AMT-Free Municipal Value Fund has a twelve month low of $13.42 and a twelve month high of $14.70.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be issued a $0.0485 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) annualized dividend and a yield of 4.2%.

About Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) is a closed-end management investment company that seeks to provide shareholders with regular income exempt from federal alternative minimum tax. The fund primarily invests in municipal obligations issued by U.S. state and local governments, including general obligation bonds, revenue bonds and notes. By focusing on instruments that are free from federal AMT, the fund targets investors looking for tax-advantaged income in a structured, professionally managed vehicle.

Since its inception in September 2008, NUW has employed an active management approach, aiming to build a diversified portfolio of investment-grade municipal securities.