Seven Mile Advisory Sells 153,235 Shares of Nuveen Municipal Value Fund, Inc. $NUV

Seven Mile Advisory cut its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 24.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 466,238 shares of the closed-end fund’s stock after selling 153,235 shares during the quarter. Seven Mile Advisory owned about 0.22% of Nuveen Municipal Value Fund worth $4,224,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of NUV. Focus Partners Wealth lifted its position in Nuveen Municipal Value Fund by 3,306.9% in the fourth quarter. Focus Partners Wealth now owns 1,881,405 shares of the closed-end fund’s stock worth $17,046,000 after buying an additional 1,826,181 shares during the last quarter. Raymond James Financial Inc. lifted its position in Nuveen Municipal Value Fund by 19.0% in the third quarter. Raymond James Financial Inc. now owns 2,107,720 shares of the closed-end fund’s stock worth $18,927,000 after buying an additional 336,397 shares during the last quarter. Wells Fargo & Company MN lifted its position in Nuveen Municipal Value Fund by 14.8% in the fourth quarter. Wells Fargo & Company MN now owns 2,164,243 shares of the closed-end fund’s stock worth $19,608,000 after buying an additional 279,066 shares during the last quarter. UBS Group AG lifted its position in Nuveen Municipal Value Fund by 2.0% in the fourth quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund’s stock worth $65,062,000 after buying an additional 143,742 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in Nuveen Municipal Value Fund by 506.1% in the fourth quarter. Jane Street Group LLC now owns 155,116 shares of the closed-end fund’s stock worth $1,405,000 after buying an additional 129,524 shares during the last quarter. 22.50% of the stock is currently owned by institutional investors.

Nuveen Municipal Value Fund Stock Performance

Shares of NUV opened at $9.12 on Monday. The business has a fifty day moving average of $9.12 and a 200 day moving average of $9.11. Nuveen Municipal Value Fund, Inc. has a 52-week low of $8.43 and a 52-week high of $9.26.

Nuveen Municipal Value Fund Dividend Announcement

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

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.