10,492 Shares in Nuveen New York Municipal Valu (NYSE:NNY) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new position in Nuveen New York Municipal Valu (NYSE:NNY) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 10,492 shares of the investment management company’s stock, valued at approximately $87,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in NNY. Grove Bank & Trust acquired a new position in Nuveen New York Municipal Valu during the 1st quarter worth approximately $33,000. Opal Wealth Advisors LLC bought a new stake in shares of Nuveen New York Municipal Valu in the 1st quarter valued at $36,000. Nomura Holdings Inc. bought a new stake in shares of Nuveen New York Municipal Valu in the 4th quarter valued at $196,000. Stifel Financial Corp boosted its stake in shares of Nuveen New York Municipal Valu by 3.9% in the 4th quarter. Stifel Financial Corp now owns 38,712 shares of the investment management company’s stock valued at $311,000 after purchasing an additional 1,440 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Nuveen New York Municipal Valu during the fourth quarter worth $373,000. 22.57% of the stock is currently owned by institutional investors and hedge funds.

Nuveen New York Municipal Valu Stock Performance

NNY opened at $8.06 on Friday. The company’s fifty day moving average price is $8.08 and its two-hundred day moving average price is $8.17. Nuveen New York Municipal Valu has a 1-year low of $7.77 and a 1-year high of $8.87.

Nuveen New York Municipal Valu Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be issued a dividend of $0.0295 per share. The ex-dividend date is Friday, August 15th. This represents a c) annualized dividend and a yield of 4.4%.

About Nuveen New York Municipal Valu

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.