Johnson Financial Group Inc. Decreases Stock Holdings in Nuveen Municipal Value Fund, Inc. $NUV

Johnson Financial Group Inc. lowered its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 42.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,500 shares of the closed-end fund’s stock after selling 31,000 shares during the period. Johnson Financial Group Inc.’s holdings in Nuveen Municipal Value Fund were worth $362,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of NUV. Ameritas Advisory Services LLC purchased a new stake in Nuveen Municipal Value Fund during the 2nd quarter worth about $33,000. Dagco Inc. acquired a new stake in shares of Nuveen Municipal Value Fund during the 1st quarter worth about $42,000. Flagship Wealth Advisors LLC lifted its stake in Nuveen Municipal Value Fund by 80.0% during the first quarter. Flagship Wealth Advisors LLC now owns 5,625 shares of the closed-end fund’s stock worth $49,000 after purchasing an additional 2,500 shares during the last quarter. SouthState Corp acquired a new position in Nuveen Municipal Value Fund in the second quarter valued at approximately $58,000. Finally, Harbour Investments Inc. increased its stake in Nuveen Municipal Value Fund by 138.0% in the first quarter. Harbour Investments Inc. now owns 9,507 shares of the closed-end fund’s stock valued at $83,000 after purchasing an additional 5,512 shares during the last quarter. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Price Performance

NUV stock opened at $9.09 on Friday. Nuveen Municipal Value Fund, Inc. has a twelve month low of $8.38 and a twelve month high of $9.15. The company’s 50 day moving average is $9.03 and its two-hundred day moving average is $8.77.

Nuveen Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be given a $0.0325 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

About Nuveen Municipal Value Fund

Nuveen 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.