Howard Financial Services LTD. Makes New Investment in Nuveen Municipal Value Fund, Inc. $NUV

Howard Financial Services LTD. acquired a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 90,060 shares of the closed-end fund’s stock, valued at approximately $816,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew 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 purchasing an additional 1,617 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in Nuveen Municipal Value Fund in the third quarter valued at $92,000. CWM LLC raised its stake in Nuveen Municipal Value Fund by 38.3% in the third quarter. CWM LLC now owns 11,270 shares of the closed-end fund’s stock valued at $101,000 after buying an additional 3,123 shares in the last quarter. Jane Street Group LLC purchased a new stake in Nuveen Municipal Value Fund during the 2nd quarter worth about $101,000. Finally, Essex Bank acquired a new position in shares of Nuveen Municipal Value Fund during the 3rd quarter worth about $103,000. 22.50% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Stock Down 0.8%

NYSE:NUV opened at $9.00 on Wednesday. Nuveen Municipal Value Fund, Inc. has a 1 year low of $8.38 and a 1 year 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 firm also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a $0.0325 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, March 13th.

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.