Cohen & Steers Inc. lifted its position in shares of Nuveen Municipal Value Fund Inc (NYSE:NUV) by 15.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 523,678 shares of the closed-end fund’s stock after purchasing an additional 69,344 shares during the quarter. Cohen & Steers Inc. owned approximately 0.25% of Nuveen Municipal Value Fund worth $4,854,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Nvwm LLC acquired a new stake in shares of Nuveen Municipal Value Fund during the 4th quarter worth approximately $30,000. We Are One Seven LLC acquired a new stake in Nuveen Municipal Value Fund in the 4th quarter valued at $37,000. Virtu Financial LLC acquired a new stake in Nuveen Municipal Value Fund in the 4th quarter valued at $114,000. Quad Cities Investment Group LLC boosted its stake in Nuveen Municipal Value Fund by 19.3% in the 4th quarter. Quad Cities Investment Group LLC now owns 13,224 shares of the closed-end fund’s stock valued at $122,000 after buying an additional 2,141 shares in the last quarter. Finally, BB&T Securities LLC acquired a new stake in Nuveen Municipal Value Fund in the 4th quarter valued at $124,000. 13.16% of the stock is currently owned by institutional investors.
Shares of NUV stock opened at $9.68 on Friday. Nuveen Municipal Value Fund Inc has a one year low of $9.11 and a one year high of $9.87.
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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.
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