Broyhill Asset Management LLC Sells 82,235 Shares of Nuveen Municipal Value Fund, Inc. $NUV

Broyhill Asset Management LLC trimmed its stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 27.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 221,333 shares of the closed-end fund’s stock after selling 82,235 shares during the period. Nuveen Municipal Value Fund accounts for 1.7% of Broyhill Asset Management LLC’s portfolio, making the stock its 22nd largest holding. Broyhill Asset Management LLC owned approximately 0.11% of Nuveen Municipal Value Fund worth $1,988,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dynamic Financial Group grew its holdings in Nuveen Municipal Value Fund by 39.9% during the 3rd quarter. Dynamic Financial Group now owns 214,755 shares of the closed-end fund’s stock valued at $1,928,000 after buying an additional 61,233 shares in the last quarter. Jones Financial Companies Lllp increased its position in Nuveen Municipal Value Fund by 46.5% in the third quarter. Jones Financial Companies Lllp now owns 632,281 shares of the closed-end fund’s stock worth $5,703,000 after purchasing an additional 200,562 shares during the last quarter. Congress Park Capital LLC raised its stake in Nuveen Municipal Value Fund by 17.2% during the third quarter. Congress Park Capital LLC now owns 646,632 shares of the closed-end fund’s stock valued at $5,807,000 after purchasing an additional 95,000 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of Nuveen Municipal Value Fund by 23.5% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 2,368,391 shares of the closed-end fund’s stock worth $21,268,000 after buying an additional 450,896 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Nuveen Municipal Value Fund by 25.7% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 491,082 shares of the closed-end fund’s stock worth $4,268,000 after buying an additional 100,273 shares during the last quarter. 22.50% of the stock is currently owned by institutional investors.

Nuveen Municipal Value Fund Price Performance

Shares of NYSE NUV opened at $9.14 on Friday. The business’s 50 day moving average is $9.15 and its two-hundred day moving average is $9.04. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.38 and a 1-year high of $9.26.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be paid a dividend of $0.0325 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend 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.