Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Holdings Raised by Breakwater Capital Group

Breakwater Capital Group grew its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 78.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 165,409 shares of the closed-end fund’s stock after acquiring an additional 72,664 shares during the quarter. Breakwater Capital Group owned approximately 0.08% of Nuveen Municipal Value Fund worth $1,441,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in Nuveen Municipal Value Fund during the 4th quarter valued at approximately $35,000. Ancora Advisors LLC boosted its position in Nuveen Municipal Value Fund by 25.4% during the 3rd quarter. Ancora Advisors LLC now owns 8,233 shares of the closed-end fund’s stock valued at $68,000 after purchasing an additional 1,666 shares during the period. High Net Worth Advisory Group LLC acquired a new position in Nuveen Municipal Value Fund during the 1st quarter valued at approximately $87,000. Radnor Capital Management LLC acquired a new position in Nuveen Municipal Value Fund during the 1st quarter valued at approximately $87,000. Finally, Wolverine Asset Management LLC acquired a new position in Nuveen Municipal Value Fund during the 4th quarter worth $92,000. 22.50% of the stock is currently owned by institutional investors.

Nuveen Municipal Value Fund Trading Up 0.8 %

NUV stock traded up $0.07 during trading on Friday, reaching $8.63. 566,495 shares of the company’s stock were exchanged, compared to its average volume of 431,670. Nuveen Municipal Value Fund, Inc. has a 1-year low of $7.86 and a 1-year high of $8.93. The company’s fifty day moving average price is $8.54 and its 200-day moving average price is $8.63.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be given a dividend of $0.029 per share. The ex-dividend date is Friday, June 14th. This represents a $0.35 dividend on an annualized basis and a yield of 4.03%.

About Nuveen Municipal Value Fund

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.