Bfsg LLC Raises Stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Bfsg LLC increased its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 11.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,774 shares of the closed-end fund’s stock after buying an additional 12,572 shares during the period. Bfsg LLC’s holdings in Nuveen Municipal Value Fund were worth $1,039,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in NUV. Ancora Advisors LLC lifted its holdings in Nuveen Municipal Value Fund by 25.4% in the 3rd quarter. Ancora Advisors LLC now owns 8,233 shares of the closed-end fund’s stock valued at $68,000 after purchasing an additional 1,666 shares in the last quarter. DAVENPORT & Co LLC increased its position in Nuveen Municipal Value Fund by 1.8% in the third quarter. DAVENPORT & Co LLC now owns 97,642 shares of the closed-end fund’s stock worth $807,000 after buying an additional 1,750 shares during the period. Seelaus Asset Management LLC increased its position in Nuveen Municipal Value Fund by 22.0% in the third quarter. Seelaus Asset Management LLC now owns 22,264 shares of the closed-end fund’s stock worth $184,000 after buying an additional 4,014 shares during the period. Sound Income Strategies LLC acquired a new position in shares of Nuveen Municipal Value Fund during the fourth quarter valued at $35,000. Finally, Larson Financial Group LLC acquired a new position in shares of Nuveen Municipal Value Fund during the third quarter valued at $35,000. 22.50% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Price Performance

Shares of NUV traded down $0.03 during trading hours on Wednesday, reaching $8.50. 204,955 shares of the company’s stock traded hands, compared to its average volume of 420,387. Nuveen Municipal Value Fund, Inc. has a twelve month low of $7.86 and a twelve month high of $8.93. The business’s fifty day simple moving average is $8.65 and its two-hundred day simple moving average is $8.53.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a $0.029 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.09%.

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.