Tortoise Investment Management LLC Sells 141,975 Shares of Nuveen New York Municipal Valu $NNY

Posted by Francis Steltz on May 19th, 2026

Tortoise Investment Management LLC decreased its stake in shares of Nuveen New York Municipal Valu (NYSE:NNY – Free Report) by 17.7% during the fourth quarter, Holdings Channel reports. The firm owned 662,306 shares of the investment management company’s stock after selling 141,975 shares during the quarter. Tortoise Investment Management LLC’s holdings in Nuveen New York Municipal Valu were worth $5,672,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NNY. Flagship Harbor Advisors LLC bought a new position in Nuveen New York Municipal Valu during the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC bought a new position in Nuveen New York Municipal Valu during the fourth quarter valued at approximately $26,000. International Assets Investment Management LLC bought a new position in Nuveen New York Municipal Valu during the fourth quarter valued at approximately $56,000. Citadel Advisors LLC bought a new position in Nuveen New York Municipal Valu during the third quarter valued at approximately $99,000. Finally, Prospera Financial Services Inc lifted its position in Nuveen New York Municipal Valu by 54.2% during the third quarter. Prospera Financial Services Inc now owns 18,500 shares of the investment management company’s stock valued at $153,000 after purchasing an additional 6,500 shares during the period. Institutional investors own 22.50% of the company’s stock.

Nuveen New York Municipal Valu Stock Performance

Shares of Nuveen New York Municipal Valu stock opened at $8.38 on Tuesday. The company’s 50 day moving average is $8.53 and its 200 day moving average is $8.53. Nuveen New York Municipal Valu has a twelve month low of $7.77 and a twelve month high of $8.94.

Nuveen New York Municipal Valu Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be given a $0.0295 dividend. The ex-dividend date is Friday, May 15th. This represents a c) annualized dividend and a yield of 4.2%.

About Nuveen New York Municipal Valu

(Free Report)

Nuveen New York Municipal Value Fund, Inc (NYSE: NNY) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State income taxes. The fund primarily invests in investment-grade municipal securities issued by public issuers in the State of New York, including general obligation bonds and revenue bonds issued to finance essential public projects such as schools, transportation infrastructure and utility systems.

As a diversified municipal bond fund, NNY’s portfolio spans a broad range of maturities and credit qualities within the investment-grade universe.