Private Wealth Partners LLC Sells 15,750 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Private Wealth Partners LLC lessened its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 40.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,300 shares of the closed-end fund’s stock after selling 15,750 shares during the period. Private Wealth Partners LLC’s holdings in Nuveen Municipal Value Fund were worth $200,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of NUV. Larson Financial Group LLC acquired a new position in shares of Nuveen Municipal Value Fund during the 3rd quarter worth approximately $35,000. Sound Income Strategies LLC acquired a new position in shares of Nuveen Municipal Value Fund during the 4th quarter worth approximately $35,000. Signaturefd LLC acquired a new position in shares of Nuveen Municipal Value Fund during the 3rd quarter worth approximately $46,000. Ancora Advisors LLC increased its holdings in shares of Nuveen Municipal Value Fund by 25.4% during the 3rd quarter. Ancora Advisors LLC now owns 8,233 shares of the closed-end fund’s stock worth $68,000 after acquiring an additional 1,666 shares during the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in shares of Nuveen Municipal Value Fund during the 3rd quarter worth approximately $81,000. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

Shares of NUV stock remained flat at $8.45 during trading on Friday. The company had a trading volume of 254,350 shares, compared to its average volume of 379,554. Nuveen Municipal Value Fund, Inc. has a 1-year low of $7.86 and a 1-year high of $8.93. The business has a fifty day moving average price of $8.63 and a two-hundred day moving average price of $8.54.

Nuveen Municipal Value Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be paid a $0.029 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.35 annualized dividend and a yield of 4.12%.

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.