PKS Advisory Services LLC Purchases 77,783 Shares of Nuveen Municipal Value Fund, Inc. $NUV

PKS Advisory Services LLC grew its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 76.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 179,370 shares of the closed-end fund’s stock after acquiring an additional 77,783 shares during the period. PKS Advisory Services LLC owned about 0.09% of Nuveen Municipal Value Fund worth $1,625,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of NUV. Seven Mile Advisory bought a new position in shares of Nuveen Municipal Value Fund during the third quarter valued at about $5,563,000. Hennion & Walsh Asset Management Inc. boosted its position in shares of Nuveen Municipal Value Fund by 23.5% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 2,368,391 shares of the closed-end fund’s stock valued at $21,268,000 after purchasing an additional 450,896 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Nuveen Municipal Value Fund by 19.0% during the third quarter. Raymond James Financial Inc. now owns 2,107,720 shares of the closed-end fund’s stock valued at $18,927,000 after purchasing an additional 336,397 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Nuveen Municipal Value Fund by 46.5% during the third quarter. Jones Financial Companies Lllp now owns 632,281 shares of the closed-end fund’s stock valued at $5,703,000 after purchasing an additional 200,562 shares in the last quarter. Finally, UBS Group AG boosted its position in shares of Nuveen Municipal Value Fund by 2.0% during the fourth quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund’s stock valued at $65,062,000 after purchasing an additional 143,742 shares in the last quarter. 22.50% of the stock is owned by institutional investors.

Nuveen Municipal Value Fund Stock Performance

NYSE NUV opened at $9.06 on Tuesday. Nuveen Municipal Value Fund, Inc. has a twelve month low of $8.43 and a twelve month high of $9.26. The stock’s 50 day moving average is $9.14 and its 200 day moving average is $9.10.

Nuveen Municipal Value Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be issued a $0.0325 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, May 15th.

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.