Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Stock Price Down 0.9% – What’s Next?

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW)’s share price traded down 0.9% during trading on Tuesday . The stock traded as low as $13.88 and last traded at $13.93. 29,944 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 43,556 shares. The stock had previously closed at $14.05.

Nuveen AMT-Free Municipal Value Fund Price Performance

The company has a 50 day moving average of $13.81 and a 200 day moving average of $13.90.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a $0.0485 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 4.18%.

Hedge Funds Weigh In On Nuveen AMT-Free Municipal Value Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Avior Wealth Management LLC raised its stake in shares of Nuveen AMT-Free Municipal Value Fund by 37.4% during the fourth quarter. Avior Wealth Management LLC now owns 3,626 shares of the company’s stock valued at $49,000 after purchasing an additional 987 shares during the period. Hilltop Holdings Inc. grew its position in shares of Nuveen AMT-Free Municipal Value Fund by 10.6% during the third quarter. Hilltop Holdings Inc. now owns 13,108 shares of the company’s stock worth $186,000 after acquiring an additional 1,255 shares during the last quarter. Sanctuary Advisors LLC increased its stake in shares of Nuveen AMT-Free Municipal Value Fund by 2.5% in the third quarter. Sanctuary Advisors LLC now owns 59,140 shares of the company’s stock valued at $818,000 after purchasing an additional 1,468 shares during the period. Wolverine Asset Management LLC raised its stake in Nuveen AMT-Free Municipal Value Fund by 5.4% during the 4th quarter. Wolverine Asset Management LLC now owns 65,449 shares of the company’s stock valued at $889,000 after acquiring an additional 3,359 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Nuveen AMT-Free Municipal Value Fund by 4.8% in the fourth quarter. Van ECK Associates Corp now owns 136,207 shares of the company’s stock worth $1,850,000 after purchasing an additional 6,238 shares during the period.

Nuveen AMT-Free Municipal Value Fund Company Profile

Nuveen AMT-Free Municipal Value Fund is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.