Nvwm LLC Acquires New Position in Nuveen Municipal Value Fund Inc (NUV)

Nvwm LLC bought a new position in shares of Nuveen Municipal Value Fund Inc (NYSE:NUV) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,190 shares of the closed-end fund’s stock, valued at approximately $30,000.

Other institutional investors also recently made changes to their positions in the company. We Are One Seven LLC bought a new stake in Nuveen Municipal Value Fund during the fourth quarter worth approximately $37,000. Virtu Financial LLC bought a new stake in Nuveen Municipal Value Fund during the fourth quarter worth approximately $114,000. Merriman Wealth Management LLC bought a new stake in Nuveen Municipal Value Fund during the fourth quarter worth approximately $132,000. NINE MASTS CAPITAL Ltd bought a new stake in Nuveen Municipal Value Fund during the third quarter worth approximately $132,000. Finally, Steward Partners Investment Advisory LLC boosted its position in Nuveen Municipal Value Fund by 442.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 15,263 shares of the closed-end fund’s stock worth $141,000 after purchasing an additional 12,450 shares during the period. 12.62% of the stock is owned by hedge funds and other institutional investors.

Shares of NUV stock opened at $9.60 on Thursday. Nuveen Municipal Value Fund Inc has a 12 month low of $9.11 and a 12 month high of $9.87.

The firm also recently declared a monthly dividend, which will be paid on Friday, March 1st. Stockholders of record on Friday, February 15th will be issued a dividend of $0.031 per share. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 3.88%.

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Nuveen Municipal Value Fund Company Profile

Nuveen 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.

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Institutional Ownership by Quarter for Nuveen Municipal Value Fund (NYSE:NUV)

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