Barrett & Company Inc. Has $73,000 Stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Barrett & Company Inc. grew its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 70.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,445 shares of the closed-end fund’s stock after buying an additional 3,500 shares during the period. Barrett & Company Inc.’s holdings in Nuveen Municipal Value Fund were worth $73,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Kovitz Investment Group Partners LLC acquired a new position in Nuveen Municipal Value Fund during the 3rd quarter worth $10,409,000. Rivernorth Capital Management LLC lifted its position in shares of Nuveen Municipal Value Fund by 9.1% during the 3rd quarter. Rivernorth Capital Management LLC now owns 7,420,686 shares of the closed-end fund’s stock worth $66,935,000 after purchasing an additional 618,364 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Nuveen Municipal Value Fund by 51.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,354,412 shares of the closed-end fund’s stock valued at $11,634,000 after purchasing an additional 457,422 shares during the period. Ibex Wealth Advisors acquired a new stake in Nuveen Municipal Value Fund in the 4th quarter valued at approximately $1,490,000. Finally, Tandem Financial LLC bought a new position in Nuveen Municipal Value Fund in the 4th quarter worth approximately $1,100,000. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Price Performance

NUV opened at $8.87 on Friday. The business has a 50 day moving average of $8.72 and a 200-day moving average of $8.84. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.35 and a 1-year high of $9.15.

Nuveen Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a $0.0325 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date of this dividend 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.