Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Sees Significant Decline in Short Interest

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 15,500 shares, a decrease of 21.7% from the January 31st total of 19,800 shares. Based on an average daily trading volume, of 57,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. 1607 Capital Partners LLC increased its holdings in Nuveen AMT-Free Municipal Value Fund by 28.0% in the fourth quarter. 1607 Capital Partners LLC now owns 1,254,393 shares of the company’s stock valued at $17,035,000 after purchasing an additional 274,422 shares during the period. Raymond James Financial Inc. acquired a new stake in Nuveen AMT-Free Municipal Value Fund in the fourth quarter valued at $3,941,000. Captrust Financial Advisors increased its holdings in Nuveen AMT-Free Municipal Value Fund by 13.0% in the fourth quarter. Captrust Financial Advisors now owns 182,902 shares of the company’s stock valued at $2,484,000 after purchasing an additional 20,973 shares during the period. LPL Financial LLC increased its holdings in Nuveen AMT-Free Municipal Value Fund by 61.4% in the fourth quarter. LPL Financial LLC now owns 156,096 shares of the company’s stock valued at $2,120,000 after purchasing an additional 59,385 shares during the period. Finally, Van ECK Associates Corp increased its holdings in Nuveen AMT-Free Municipal Value Fund by 4.8% in the fourth quarter. Van ECK Associates Corp now owns 136,207 shares of the company’s stock valued at $1,850,000 after purchasing an additional 6,238 shares during the period.

Nuveen AMT-Free Municipal Value Fund Trading Up 0.3 %

Shares of NYSE:NUW opened at $14.02 on Tuesday. The company has a fifty day moving average of $13.71 and a 200-day moving average of $13.92. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.23 and a 52-week high of $14.38.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were issued a dividend of $0.0485 per share. The ex-dividend date was Friday, February 14th. This represents a $0.58 annualized dividend and a dividend yield of 4.15%.

Nuveen AMT-Free Municipal Value Fund Company Profile

Nuveen AMT-Free Municipal Value Fund is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.