Wolff Financial Management LLC Has $1.16 Million Position in Nuveen Municipal Value Fund Inc (NYSE:NUV)

Wolff Financial Management LLC grew its holdings in Nuveen Municipal Value Fund Inc (NYSE:NUV) by 21.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 114,304 shares of the closed-end fund’s stock after purchasing an additional 20,041 shares during the quarter. Nuveen Municipal Value Fund comprises about 0.9% of Wolff Financial Management LLC’s investment portfolio, making the stock its 23rd largest position. Wolff Financial Management LLC’s holdings in Nuveen Municipal Value Fund were worth $1,164,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of NUV. Jane Street Group LLC increased its stake in shares of Nuveen Municipal Value Fund by 81.8% during the 4th quarter. Jane Street Group LLC now owns 54,173 shares of the closed-end fund’s stock valued at $502,000 after acquiring an additional 24,368 shares during the last quarter. Cetera Advisor Networks LLC increased its stake in shares of Nuveen Municipal Value Fund by 57.0% during the 4th quarter. Cetera Advisor Networks LLC now owns 20,681 shares of the closed-end fund’s stock valued at $193,000 after acquiring an additional 7,508 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new position in shares of Nuveen Municipal Value Fund during the 1st quarter valued at about $532,000. Graves Light Private Wealth Management Inc. acquired a new position in shares of Nuveen Municipal Value Fund during the 1st quarter valued at about $139,000. Finally, TIAA FSB acquired a new position in shares of Nuveen Municipal Value Fund during the 1st quarter valued at about $213,000. 13.66% of the stock is currently owned by institutional investors.

Shares of NYSE NUV traded down $0.01 on Friday, reaching $10.28. 198,075 shares of the company traded hands, compared to its average volume of 231,728. Nuveen Municipal Value Fund Inc has a fifty-two week low of $9.11 and a fifty-two week high of $10.36. The firm’s 50 day moving average is $10.18.

The firm also recently announced a monthly dividend, which was paid on Thursday, August 1st. Investors of record on Monday, July 15th were given a dividend of $0.031 per share. This represents a $0.37 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date was Friday, July 12th.

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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