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

Kovitz Investment Group Partners LLC trimmed its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 3.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 owned about 1.28% of Nuveen Municipal Value Fund worth $23,827,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of Nuveen Municipal Value Fund by 5.4% during the 1st quarter. Royal Bank of Canada now owns 509,410 shares of the closed-end fund’s stock worth $4,468,000 after buying an additional 26,282 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in Nuveen Municipal Value Fund during the 1st quarter worth $111,000. Focus Partners Wealth lifted its position in Nuveen Municipal Value Fund by 101.2% in the first quarter. Focus Partners Wealth now owns 61,646 shares of the closed-end fund’s stock valued at $541,000 after acquiring an additional 31,000 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in Nuveen Municipal Value Fund in the second quarter valued at $147,000. Finally, Focus Partners Advisor Solutions LLC acquired a new position in Nuveen Municipal Value Fund in the second quarter valued at $199,000. 22.50% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Stock Up 0.1%

Shares of NUV stock opened at $9.21 on Monday. The stock’s 50-day moving average is $9.09 and its two-hundred day moving average is $8.99. Nuveen Municipal Value Fund, Inc. has a 1 year low of $8.38 and a 1 year high of $9.23.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be paid a dividend of $0.0325 per share. This represents a c) dividend on an annualized basis and a 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.