Koshinski Asset Management Inc. Has $1.39 Million Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Koshinski Asset Management Inc. lessened its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 9.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 161,817 shares of the closed-end fund’s stock after selling 16,671 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Nuveen Municipal Value Fund were worth $1,390,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its position in shares of Nuveen Municipal Value Fund by 35.7% in the 3rd quarter. Private Trust Co. NA now owns 5,698 shares of the closed-end fund’s stock valued at $51,000 after acquiring an additional 1,500 shares during the period. CWM LLC raised its holdings in Nuveen Municipal Value Fund by 204.5% in the third quarter. CWM LLC now owns 9,451 shares of the closed-end fund’s stock worth $85,000 after purchasing an additional 6,347 shares during the period. Radnor Capital Management LLC bought a new position in shares of Nuveen Municipal Value Fund during the third quarter worth $90,000. Oppenheimer & Co. Inc. acquired a new position in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at $90,000. Finally, Islay Capital Management LLC acquired a new position in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at $104,000. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Up 0.4 %

Shares of Nuveen Municipal Value Fund stock opened at $8.73 on Wednesday. Nuveen Municipal Value Fund, Inc. has a 12 month low of $8.35 and a 12 month high of $9.15. The stock’s fifty day simple moving average is $8.73 and its 200 day simple moving average is $8.84.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.0325 per share. This represents a $0.39 annualized dividend and a dividend yield of 4.47%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.