Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Purchased by Venturi Wealth Management LLC

Venturi Wealth Management LLC raised its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 6.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 52,841 shares of the closed-end fund’s stock after acquiring an additional 3,148 shares during the period. Venturi Wealth Management LLC’s holdings in Nuveen Municipal Value Fund were worth $477,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its position in shares of Nuveen Municipal Value Fund by 359.8% in the third quarter. International Assets Investment Management LLC now owns 75,916 shares of the closed-end fund’s stock valued at $685,000 after purchasing an additional 59,405 shares in the last quarter. Private Advisor Group LLC grew its holdings in Nuveen Municipal Value Fund by 70.2% in the 3rd quarter. Private Advisor Group LLC now owns 19,999 shares of the closed-end fund’s stock valued at $180,000 after buying an additional 8,247 shares in the last quarter. Brookstone Capital Management purchased a new stake in Nuveen Municipal Value Fund in the 2nd quarter valued at $88,000. Blake Schutter Theil Wealth Advisors LLC acquired a new stake in shares of Nuveen Municipal Value Fund in the 3rd quarter worth $914,000. Finally, Sheets Smith Wealth Management raised its holdings in shares of Nuveen Municipal Value Fund by 361.8% during the 3rd quarter. Sheets Smith Wealth Management now owns 67,742 shares of the closed-end fund’s stock worth $611,000 after acquiring an additional 53,072 shares during the period. 22.50% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Price Performance

Shares of NUV stock opened at $8.87 on Wednesday. Nuveen Municipal Value Fund, Inc. has a twelve month low of $8.27 and a twelve month high of $9.15. The company’s 50-day moving average price is $9.01 and its 200-day moving average price is $8.78.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.031 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.37 annualized dividend and a yield of 4.19%.

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.