Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Acquired by Bfsg LLC

Bfsg LLC increased its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 11.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 120,774 shares of the closed-end fund’s stock after acquiring an additional 12,572 shares during the quarter. Bfsg LLC owned approximately 0.06% of Nuveen Municipal Value Fund worth $1,039,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of NUV. UBS Group AG increased its holdings in Nuveen Municipal Value Fund by 5.2% in the third quarter. UBS Group AG now owns 4,398,292 shares of the closed-end fund’s stock valued at $36,330,000 after buying an additional 219,299 shares during the last quarter. 1607 Capital Partners LLC grew its holdings in Nuveen Municipal Value Fund by 5.8% in the 3rd quarter. 1607 Capital Partners LLC now owns 3,181,653 shares of the closed-end fund’s stock worth $26,280,000 after buying an additional 174,184 shares in the last quarter. Van ECK Associates Corp grew its holdings in Nuveen Municipal Value Fund by 36.3% in the 3rd quarter. Van ECK Associates Corp now owns 1,275,571 shares of the closed-end fund’s stock worth $10,536,000 after buying an additional 339,999 shares in the last quarter. LPL Financial LLC lifted its position in Nuveen Municipal Value Fund by 6.4% in the third quarter. LPL Financial LLC now owns 1,018,508 shares of the closed-end fund’s stock worth $8,413,000 after purchasing an additional 61,190 shares during the period. Finally, Stifel Financial Corp lifted its position in Nuveen Municipal Value Fund by 11.8% in the third quarter. Stifel Financial Corp now owns 923,298 shares of the closed-end fund’s stock worth $7,626,000 after purchasing an additional 97,507 shares during the period. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

NUV traded down $0.03 during trading on Wednesday, reaching $8.50. The stock had a trading volume of 204,955 shares, compared to its average volume of 420,387. Nuveen Municipal Value Fund, Inc. has a 1-year low of $7.86 and a 1-year high of $8.93. The stock has a 50 day moving average of $8.65 and a two-hundred day moving average of $8.53.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be issued a $0.029 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.09%.

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.