Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Stake Boosted by First Horizon Advisors Inc.

First Horizon Advisors Inc. grew its stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 34.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,409 shares of the closed-end fund’s stock after purchasing an additional 3,409 shares during the quarter. First Horizon Advisors Inc.’s holdings in Nuveen Municipal Value Fund were worth $149,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in shares of Nuveen Municipal Value Fund by 8.6% during the first quarter. Envestnet Asset Management Inc. now owns 11,380 shares of the closed-end fund’s stock valued at $127,000 after purchasing an additional 900 shares during the last quarter. Dynamic Advisor Solutions LLC grew its holdings in Nuveen Municipal Value Fund by 3.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 38,701 shares of the closed-end fund’s stock worth $430,000 after buying an additional 1,273 shares in the last quarter. DAVENPORT & Co LLC grew its holdings in Nuveen Municipal Value Fund by 1.3% in the 1st quarter. DAVENPORT & Co LLC now owns 114,118 shares of the closed-end fund’s stock worth $1,271,000 after buying an additional 1,500 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in Nuveen Municipal Value Fund by 10.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 16,609 shares of the closed-end fund’s stock worth $184,000 after buying an additional 1,542 shares in the last quarter. Finally, Resources Investment Advisors LLC. grew its holdings in Nuveen Municipal Value Fund by 3.3% in the 4th quarter. Resources Investment Advisors LLC. now owns 53,113 shares of the closed-end fund’s stock worth $590,000 after buying an additional 1,692 shares in the last quarter. 12.96% of the stock is owned by institutional investors.

Shares of NUV stock opened at $11.48 on Friday. Nuveen Municipal Value Fund, Inc. has a 12-month low of $9.90 and a 12-month high of $11.97. The business has a 50 day simple moving average of $11.34.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, July 1st. Investors of record on Tuesday, June 15th will be issued a $0.031 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Monday, June 14th.

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.

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Institutional Ownership by Quarter for Nuveen Municipal Value Fund (NYSE:NUV)

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