Nuveen New York Municipal Valu (NNY) To Go Ex-Dividend on December 15th

Nuveen New York Municipal Valu (NYSE:NNY) declared a monthly dividend on Monday, December 1st. Shareholders of record on Monday, December 15th will be given a dividend of 0.0295 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Monday, December 15th.

Nuveen New York Municipal Valu Stock Performance

Shares of NYSE NNY remained flat at $8.46 during midday trading on Friday. The stock had a trading volume of 16,771 shares, compared to its average volume of 44,735. Nuveen New York Municipal Valu has a 52-week low of $7.77 and a 52-week high of $8.87. The stock has a 50 day moving average of $8.43 and a 200 day moving average of $8.23.

Institutional Trading of Nuveen New York Municipal Valu

Hedge funds have recently made changes to their positions in the business. Leigh Baldwin & CO. LLC lifted its holdings in shares of Nuveen New York Municipal Valu by 2.0% in the 1st quarter. Leigh Baldwin & CO. LLC now owns 107,592 shares of the investment management company’s stock valued at $889,000 after acquiring an additional 2,152 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its stake in shares of Nuveen New York Municipal Valu by 5.0% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 58,798 shares of the investment management company’s stock valued at $486,000 after purchasing an additional 2,792 shares during the last quarter. Prospera Financial Services Inc boosted its holdings in shares of Nuveen New York Municipal Valu by 54.2% in the 3rd quarter. Prospera Financial Services Inc now owns 18,500 shares of the investment management company’s stock worth $153,000 after purchasing an additional 6,500 shares during the period. Tortoise Investment Management LLC increased its position in shares of Nuveen New York Municipal Valu by 0.7% during the 1st quarter. Tortoise Investment Management LLC now owns 1,022,429 shares of the investment management company’s stock valued at $8,445,000 after purchasing an additional 6,759 shares during the last quarter. Finally, Realta Investment Advisors raised its holdings in Nuveen New York Municipal Valu by 71.3% during the 2nd quarter. Realta Investment Advisors now owns 17,338 shares of the investment management company’s stock valued at $141,000 after buying an additional 7,218 shares during the period. 22.50% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen New York Municipal Valu Company Profile

Nuveen New York Municipal Value Fund, Inc is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.