Roman Butler Fullerton & Co. Raises Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Roman Butler Fullerton & Co. raised its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 102,645 shares of the closed-end fund’s stock after acquiring an additional 8,299 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Nuveen Municipal Value Fund were worth $885,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Citigroup Inc. boosted its stake in 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 acquiring an additional 1,481 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of Nuveen Municipal Value Fund in the 1st quarter worth $33,000. Larson Financial Group LLC purchased a new stake in Nuveen Municipal Value Fund in the 3rd quarter valued at approximately $35,000. Sound Income Strategies LLC purchased a new stake in shares of Nuveen Municipal Value Fund in the fourth quarter valued at approximately $35,000. Finally, Signaturefd LLC purchased a new position in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at about $46,000. 22.50% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Stock Performance

NYSE:NUV traded down $0.01 during mid-day trading on Thursday, hitting $8.48. 62,872 shares of the company’s stock traded hands, compared to its average volume of 420,825. The firm’s 50 day simple moving average is $8.68 and its 200 day simple moving average is $8.52. Nuveen Municipal Value Fund, Inc. has a 1 year low of $7.86 and a 1 year high of $8.93.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a dividend of $0.029 per share. The ex-dividend date is Friday, April 12th. This represents a $0.35 annualized dividend 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.