Access Financial Services Inc. Has $616,000 Stock Position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Access Financial Services Inc. lowered its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 22.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 71,678 shares of the closed-end fund’s stock after selling 20,267 shares during the quarter. Access Financial Services Inc.’s holdings in Nuveen Municipal Value Fund were worth $616,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV raised its stake in shares of Nuveen Municipal Value Fund by 3.0% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 45,080 shares of the closed-end fund’s stock worth $381,000 after purchasing an additional 1,310 shares in the last quarter. Mariner LLC grew its stake in shares of Nuveen Municipal Value Fund by 6.7% in the first quarter. Mariner LLC now owns 22,054 shares of the closed-end fund’s stock valued at $211,000 after buying an additional 1,381 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Nuveen Municipal Value Fund by 8.4% in the second quarter. Private Advisor Group LLC now owns 17,753 shares of the closed-end fund’s stock valued at $154,000 after buying an additional 1,383 shares in the last quarter. Citigroup Inc. grew its stake in shares of Nuveen Municipal Value Fund by 98.7% in the first quarter. Citigroup Inc. now owns 2,981 shares of the closed-end fund’s stock valued at $29,000 after buying an additional 1,481 shares in the last quarter. Finally, Cetera Advisor Networks LLC grew its stake in shares of Nuveen Municipal Value Fund by 11.9% in the second quarter. Cetera Advisor Networks LLC now owns 14,327 shares of the closed-end fund’s stock valued at $125,000 after buying an additional 1,528 shares in the last quarter. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Price Performance

NYSE:NUV opened at $8.71 on Friday. Nuveen Municipal Value Fund, Inc. has a 1-year low of $7.86 and a 1-year high of $9.08. The firm has a fifty day simple moving average of $8.73 and a 200 day simple moving average of $8.49.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be issued a dividend of $0.029 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date is Thursday, March 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.