Redwood Family Wealth LLC Purchases New Position in Nuveen Municipal Value Fund, Inc. $NUV

Redwood Family Wealth LLC purchased a new position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 167,108 shares of the closed-end fund’s stock, valued at approximately $1,514,000. Nuveen Municipal Value Fund makes up about 1.5% of Redwood Family Wealth LLC’s holdings, making the stock its 16th largest position. Redwood Family Wealth LLC owned 0.08% of Nuveen Municipal Value Fund at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bayban purchased a new position in shares of Nuveen Municipal Value Fund during the 4th quarter worth approximately $200,000. Invesco Ltd. purchased a new position in shares of Nuveen Municipal Value Fund in the 4th quarter valued at approximately $566,000. Corient Private Wealth LLC lifted its stake in shares of Nuveen Municipal Value Fund by 67.2% in the 4th quarter. Corient Private Wealth LLC now owns 68,150 shares of the closed-end fund’s stock valued at $618,000 after purchasing an additional 27,395 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Nuveen Municipal Value Fund by 1,316.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 734,153 shares of the closed-end fund’s stock valued at $6,651,000 after purchasing an additional 682,313 shares in the last quarter. Finally, Caitlin John LLC boosted its position in shares of Nuveen Municipal Value Fund by 16.5% during the fourth quarter. Caitlin John LLC now owns 24,700 shares of the closed-end fund’s stock valued at $224,000 after purchasing an additional 3,500 shares in the last quarter. 22.50% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Stock Down 0.1%

Shares of NUV stock opened at $9.15 on Friday. The business’s fifty day moving average is $9.12 and its 200 day moving average is $9.11. Nuveen Municipal Value Fund, Inc. has a twelve month low of $8.45 and a twelve month high of $9.26.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a dividend of $0.0325 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Monday, June 15th.

Nuveen Municipal Value Fund 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.