B. Riley Wealth Management Inc. acquired a new stake in shares of Nuveen California Municipal Value Fund 2 (NYSE:NCB) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 23,400 shares of the company’s stock, valued at approximately $367,000.
Separately, Stratos Wealth Partners LTD. purchased a new stake in Nuveen California Municipal Value Fund 2 during the 3rd quarter valued at approximately $148,000.
NCB opened at $15.02 on Friday. Nuveen California Municipal Value Fund 2 has a 52 week low of $15.00 and a 52 week high of $17.94.
The business also recently disclosed a monthly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be paid a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Thursday, December 13th.
WARNING: “23,400 Shares in Nuveen California Municipal Value Fund 2 (NCB) Acquired by B. Riley Wealth Management Inc.” was reported by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this article on another website, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this article can be viewed at https://www.fairfieldcurrent.com/news/2018/12/21/23400-shares-in-nuveen-california-municipal-value-fund-2-ncb-acquired-by-b-riley-wealth-management-inc.html.
About Nuveen California Municipal Value Fund 2
Nuveen California Municipal Value Fund 2 is a close-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 fixed income markets of California. The fund primarily invests its assets in municipal securities.
Read More: Balanced Fund
Receive News & Ratings for Nuveen California Municipal Value Fund 2 Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Nuveen California Municipal Value Fund 2 and related companies with MarketBeat.com’s FREE daily email newsletter.