Capital Square LLC Invests $459,000 in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Capital Square LLC acquired a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 50,920 shares of the closed-end fund’s stock, valued at approximately $459,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in NUV. Private Trust Co. NA increased its holdings in 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 buying an additional 1,500 shares during the period. Icon Wealth Advisors LLC bought a new stake in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at about $123,000. Advisors Asset Management Inc. grew its position in shares of Nuveen Municipal Value Fund by 3.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 664,578 shares of the closed-end fund’s stock worth $5,994,000 after buying an additional 22,497 shares during the last quarter. Second Half Financial Partners LLC bought a new position in shares of Nuveen Municipal Value Fund during the 3rd quarter worth approximately $266,000. Finally, Islay Capital Management LLC acquired a new position in shares of Nuveen Municipal Value Fund during the third quarter worth $104,000. 22.50% of the stock is currently owned by institutional investors.

Nuveen Municipal Value Fund Stock Up 0.6 %

Shares of Nuveen Municipal Value Fund stock traded up $0.05 during trading on Monday, reaching $8.84. The company’s stock had a trading volume of 27,999 shares, compared to its average volume of 423,460. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.35 and a 1-year high of $9.15. The company has a 50-day simple moving average of $8.98 and a two-hundred day simple moving average of $8.79.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.031 per share. The ex-dividend date is Friday, November 15th. This represents a $0.37 annualized dividend and a dividend yield of 4.21%.

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.