Congress Park Capital LLC Purchases 62,500 Shares of Nuveen Municipal Value Fund, Inc. $NUV

Congress Park Capital LLC grew its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 9.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 709,132 shares of the closed-end fund’s stock after purchasing an additional 62,500 shares during the quarter. Nuveen Municipal Value Fund makes up approximately 1.9% of Congress Park Capital LLC’s holdings, making the stock its 18th biggest position. Congress Park Capital LLC owned about 0.34% of Nuveen Municipal Value Fund worth $6,425,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in NUV. Royal Bank of Canada grew its position in Nuveen Municipal Value Fund by 5.4% during the first quarter. Royal Bank of Canada now owns 509,410 shares of the closed-end fund’s stock valued at $4,468,000 after buying an additional 26,282 shares during the period. Goldman Sachs Group Inc. purchased a new stake in Nuveen Municipal Value Fund during the first quarter valued at approximately $111,000. Focus Partners Wealth raised its position in Nuveen Municipal Value Fund by 101.2% in the first quarter. Focus Partners Wealth now owns 61,646 shares of the closed-end fund’s stock worth $541,000 after acquiring an additional 31,000 shares during the period. Cetera Investment Advisers raised its position in Nuveen Municipal Value Fund by 25.9% in the second quarter. Cetera Investment Advisers now owns 110,887 shares of the closed-end fund’s stock worth $964,000 after acquiring an additional 22,845 shares during the period. Finally, Franklin Resources Inc. purchased a new position in shares of Nuveen Municipal Value Fund during the 2nd quarter worth $113,000. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Price Performance

Shares of NUV stock opened at $8.88 on Monday. Nuveen Municipal Value Fund, Inc. has a 1 year low of $8.38 and a 1 year high of $9.26. The firm has a fifty day moving average price of $9.15 and a 200-day moving average price of $9.07.

Nuveen Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.0325 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, March 13th.

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.