Disciplined Investments LLC Acquires 3,960 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Disciplined Investments LLC raised its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 7.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 54,854 shares of the closed-end fund’s stock after acquiring an additional 3,960 shares during the quarter. Disciplined Investments LLC’s holdings in Nuveen Municipal Value Fund were worth $473,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Janney Montgomery Scott LLC boosted its position in shares of Nuveen Municipal Value Fund by 1.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 122,309 shares of the closed-end fund’s stock worth $1,052,000 after purchasing an additional 1,445 shares during the last quarter. UBS Group AG increased its holdings in Nuveen Municipal Value Fund by 27.5% in the fourth quarter. UBS Group AG now owns 5,607,096 shares of the closed-end fund’s stock valued at $48,221,000 after purchasing an additional 1,208,804 shares during the last quarter. King Luther Capital Management Corp bought a new stake in Nuveen Municipal Value Fund in the fourth quarter valued at about $98,000. City of London Investment Management Co. Ltd. bought a new stake in Nuveen Municipal Value Fund in the fourth quarter valued at about $1,837,000. Finally, Parallel Advisors LLC increased its holdings in Nuveen Municipal Value Fund by 1,109.5% in the fourth quarter. Parallel Advisors LLC now owns 16,352 shares of the closed-end fund’s stock valued at $141,000 after purchasing an additional 15,000 shares during the last quarter. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Trading Down 0.1 %

NYSE NUV opened at $9.07 on Wednesday. The stock has a 50-day simple moving average of $8.81 and a 200 day simple moving average of $8.66. Nuveen Municipal Value Fund, Inc. has a 12 month low of $7.86 and a 12 month high of $9.09.

Nuveen Municipal Value Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be issued a $0.031 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.37 dividend on an annualized basis and a yield of 4.10%.

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.