Seamount Financial Group Inc. Raises Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Seamount Financial Group Inc. boosted its stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 5.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 48,002 shares of the closed-end fund’s stock after buying an additional 2,300 shares during the period. Seamount Financial Group Inc.’s holdings in Nuveen Municipal Value Fund were worth $412,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of NUV. Barrett & Company Inc. grew its holdings in Nuveen Municipal Value Fund by 70.8% during the 4th quarter. Barrett & Company Inc. now owns 8,445 shares of the closed-end fund’s stock valued at $73,000 after purchasing an additional 3,500 shares during the last quarter. Tandem Financial LLC purchased a new stake in shares of Nuveen Municipal Value Fund in the fourth quarter worth approximately $1,100,000. Stratos Wealth Partners LTD. lifted its stake in shares of Nuveen Municipal Value Fund by 127.0% during the 4th quarter. Stratos Wealth Partners LTD. now owns 39,347 shares of the closed-end fund’s stock worth $338,000 after acquiring an additional 22,015 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in Nuveen Municipal Value Fund by 5.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 788,849 shares of the closed-end fund’s stock valued at $6,816,000 after acquiring an additional 43,377 shares during the period. Finally, Ibex Wealth Advisors bought a new position in Nuveen Municipal Value Fund in the 4th quarter valued at $1,490,000. 22.50% of the stock is currently owned by institutional investors.

Nuveen Municipal Value Fund Stock Performance

NUV stock opened at $8.87 on Friday. Nuveen Municipal Value Fund, Inc. has a twelve month low of $8.35 and a twelve month high of $9.15. The business’s fifty day simple moving average is $8.71 and its two-hundred day simple moving average is $8.84.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.0325 per share. This represents a $0.39 annualized dividend and a dividend yield of 4.40%. 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.