Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co trimmed its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 11.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,021 shares of the closed-end fund’s stock after selling 3,600 shares during the period. CENTRAL TRUST Co’s holdings in Nuveen Municipal Value Fund were worth $249,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Private Trust Co. NA increased its holdings in shares of Nuveen Municipal Value Fund by 35.7% during the third quarter. Private Trust Co. NA now owns 5,698 shares of the closed-end fund’s stock valued at $51,000 after purchasing an additional 1,500 shares during the period. Sheaff Brock Investment Advisors LLC grew its holdings in Nuveen Municipal Value Fund by 12.1% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 14,800 shares of the closed-end fund’s stock worth $133,000 after acquiring an additional 1,600 shares during the period. Good Life Advisors LLC grew its holdings in Nuveen Municipal Value Fund by 5.5% during the third quarter. Good Life Advisors LLC now owns 40,775 shares of the closed-end fund’s stock worth $368,000 after acquiring an additional 2,135 shares during the period. Venturi Wealth Management LLC grew its holdings in Nuveen Municipal Value Fund by 6.3% during the third quarter. Venturi Wealth Management LLC now owns 52,841 shares of the closed-end fund’s stock worth $477,000 after acquiring an additional 3,148 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in Nuveen Municipal Value Fund by 2.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 169,053 shares of the closed-end fund’s stock worth $1,452,000 after acquiring an additional 4,770 shares during the period. 22.50% of the stock is owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Stock Up 0.2 %

NYSE:NUV opened at $8.84 on Wednesday. The business’s 50-day moving average price is $8.72 and its 200 day moving average price is $8.84. Nuveen Municipal Value Fund, Inc. has a 52-week low of $8.35 and a 52-week high of $9.15.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Friday, February 14th.

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.