14,100 Shares in Nuveen Municipal Value Fund Inc (NUV) Purchased by NINE MASTS CAPITAL Ltd

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NINE MASTS CAPITAL Ltd bought a new position in shares of Nuveen Municipal Value Fund Inc (NYSE:NUV) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,100 shares of the closed-end fund’s stock, valued at approximately $132,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Smith Moore & CO. grew its position in Nuveen Municipal Value Fund by 33.4% in the 3rd quarter. Smith Moore & CO. now owns 22,193 shares of the closed-end fund’s stock valued at $208,000 after buying an additional 5,554 shares during the last quarter. Bank of America Corp DE grew its position in Nuveen Municipal Value Fund by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 2,085,335 shares of the closed-end fund’s stock valued at $19,936,000 after buying an additional 10,765 shares during the last quarter. Centaurus Financial Inc. purchased a new position in Nuveen Municipal Value Fund in the 2nd quarter valued at $112,000. IFP Advisors Inc grew its position in Nuveen Municipal Value Fund by 62.1% in the 3rd quarter. IFP Advisors Inc now owns 34,949 shares of the closed-end fund’s stock valued at $327,000 after buying an additional 13,391 shares during the last quarter. Finally, Johnson Financial Group Inc. grew its position in Nuveen Municipal Value Fund by 1.2% in the 3rd quarter. Johnson Financial Group Inc. now owns 1,201,497 shares of the closed-end fund’s stock valued at $11,246,000 after buying an additional 13,682 shares during the last quarter. Institutional investors and hedge funds own 12.67% of the company’s stock.

NYSE:NUV opened at $9.40 on Friday. Nuveen Municipal Value Fund Inc has a 1-year low of $9.11 and a 1-year high of $10.24.

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be given a $0.031 dividend. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.37 dividend on an annualized basis and a yield of 3.96%.

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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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