Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Acquired by Bar Harbor Wealth Management

Bar Harbor Wealth Management grew its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 6.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 453,466 shares of the closed-end fund’s stock after buying an additional 27,146 shares during the quarter. Bar Harbor Wealth Management’s holdings in Nuveen Municipal Value Fund were worth $4,090,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. WealthBridge Capital Management LLC grew its position in Nuveen Municipal Value Fund by 2.8% during the first quarter. WealthBridge Capital Management LLC now owns 52,221 shares of the closed-end fund’s stock valued at $455,000 after acquiring an additional 1,444 shares during the period. Sheaff Brock Investment Advisors LLC grew its position in Nuveen Municipal Value Fund by 17.9% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 13,200 shares of the closed-end fund’s stock valued at $115,000 after acquiring an additional 2,000 shares during the period. International Assets Investment Management LLC boosted its position in shares of Nuveen Municipal Value Fund by 14.0% in the first quarter. International Assets Investment Management LLC now owns 16,496 shares of the closed-end fund’s stock worth $143,000 after buying an additional 2,023 shares during the period. Good Life Advisors LLC boosted its position in shares of Nuveen Municipal Value Fund by 5.5% in the third quarter. Good Life Advisors LLC now owns 40,775 shares of the closed-end fund’s stock worth $368,000 after buying an additional 2,135 shares during the period. Finally, Saxony Capital Management LLC boosted its position in shares of Nuveen Municipal Value Fund by 21.3% in the second quarter. Saxony Capital Management LLC now owns 14,250 shares of the closed-end fund’s stock worth $123,000 after buying an additional 2,500 shares during the period. 22.50% of the stock is owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Stock Down 0.3 %

Shares of NYSE NUV opened at $9.09 on Friday. Nuveen Municipal Value Fund, Inc. has a 1-year low of $7.86 and a 1-year high of $9.15. The business has a 50-day moving average of $8.96 and a 200-day moving average of $8.72.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.031 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.37 annualized dividend and a yield of 4.09%.

Nuveen Municipal Value Fund 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.