Nuveen New York Municipal Valu (NYSE:NNY) Declares Monthly Dividend of $0.03

by · The Cerbat Gem

Nuveen New York Municipal Valu (NYSE:NNY – Get Free Report) declared a monthly dividend on Monday, December 1st. Investors of record on Monday, December 15th will be paid a dividend of 0.0295 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Monday, December 15th.

Nuveen New York Municipal Valu Stock Performance

Shares of Nuveen New York Municipal Valu stock traded up $0.01 during trading hours on Tuesday, hitting $8.46. The company’s stock had a trading volume of 15,306 shares, compared to its average volume of 42,571. The firm has a fifty day moving average of $8.39 and a 200-day moving average of $8.21. Nuveen New York Municipal Valu has a twelve month low of $7.77 and a twelve month high of $8.87.

Hedge Funds Weigh In On Nuveen New York Municipal Valu

Several hedge funds have recently bought and sold shares of the company. XTX Topco Ltd acquired a new position in Nuveen New York Municipal Valu in the 1st quarter valued at about $87,000. Citadel Advisors LLC purchased a new stake in Nuveen New York Municipal Valu during the 3rd quarter worth about $99,000. BCS Private Wealth Management Inc. purchased a new stake in Nuveen New York Municipal Valu during the 2nd quarter worth about $122,000. Realta Investment Advisors raised its position in Nuveen New York Municipal Valu by 71.3% in the 2nd quarter. Realta Investment Advisors now owns 17,338 shares of the investment management company’s stock valued at $141,000 after purchasing an additional 7,218 shares in the last quarter. Finally, Prospera Financial Services Inc raised its holdings in Nuveen New York Municipal Valu by 54.2% in the third quarter. Prospera Financial Services Inc now owns 18,500 shares of the investment management company’s stock valued at $153,000 after acquiring an additional 6,500 shares in the last quarter. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen New York Municipal Valu Company Profile

(Get Free Report)

Nuveen New York 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 New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

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