Nilsine Partners LLC Purchases Shares of 13,936 Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Nilsine Partners LLC acquired a new position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 13,936 shares of the closed-end fund’s stock, valued at approximately $120,000.

Several other large investors have also recently modified their holdings of the company. Kovitz Investment Group Partners LLC acquired a new position in shares of Nuveen Municipal Value Fund during the third quarter worth $10,409,000. Rivernorth Capital Management LLC increased its position in Nuveen Municipal Value Fund by 9.1% during the 3rd quarter. Rivernorth Capital Management LLC now owns 7,420,686 shares of the closed-end fund’s stock valued at $66,935,000 after buying an additional 618,364 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in Nuveen Municipal Value Fund by 51.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,354,412 shares of the closed-end fund’s stock worth $11,634,000 after acquiring an additional 457,422 shares in the last quarter. Congress Park Capital LLC grew its stake in shares of Nuveen Municipal Value Fund by 36.1% during the fourth quarter. Congress Park Capital LLC now owns 442,882 shares of the closed-end fund’s stock worth $3,804,000 after acquiring an additional 117,500 shares during the last quarter. Finally, Blake Schutter Theil Wealth Advisors LLC acquired a new position in shares of Nuveen Municipal Value Fund during the third quarter valued at about $914,000. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Trading Down 0.3 %

NUV stock opened at $8.70 on Thursday. Nuveen Municipal Value Fund, Inc. has a 52 week low of $8.35 and a 52 week high of $9.15. The firm has a 50 day moving average of $8.72 and a 200 day moving average of $8.84.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date is Wednesday, January 15th.

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.