Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.20 and traded as low as $13.90. Nuveen AMT-Free Municipal Value Fund shares last traded at $13.9590, with a volume of 57,576 shares traded.

Nuveen AMT-Free Municipal Value Fund Stock Down 0.4%

The stock has a fifty day moving average of $14.20 and a 200-day moving average of $14.27.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, August 3rd. Investors of record on Wednesday, July 15th will be given a $0.0485 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Guggenheim Capital LLC boosted its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 7.2% in the fourth quarter. Guggenheim Capital LLC now owns 464,909 shares of the company’s stock worth $6,653,000 after buying an additional 31,049 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Nuveen AMT-Free Municipal Value Fund by 8.0% during the third quarter. Raymond James Financial Inc. now owns 328,619 shares of the company’s stock valued at $4,660,000 after acquiring an additional 24,236 shares during the period. Captrust Financial Advisors lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 10.0% in the 4th quarter. Captrust Financial Advisors now owns 270,456 shares of the company’s stock valued at $3,870,000 after acquiring an additional 24,666 shares in the last quarter. LPL Financial LLC boosted its stake in Nuveen AMT-Free Municipal Value Fund by 12.7% in the 4th quarter. LPL Financial LLC now owns 211,245 shares of the company’s stock worth $3,023,000 after purchasing an additional 23,859 shares during the period. Finally, Bank of America Corp DE boosted its stake in Nuveen AMT-Free Municipal Value Fund by 0.9% in the 1st quarter. Bank of America Corp DE now owns 155,713 shares of the company’s stock worth $2,231,000 after purchasing an additional 1,409 shares during the period.

About Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) is a closed-end management investment company that seeks to provide shareholders with regular income exempt from federal alternative minimum tax. The fund primarily invests in municipal obligations issued by U.S. state and local governments, including general obligation bonds, revenue bonds and notes. By focusing on instruments that are free from federal AMT, the fund targets investors looking for tax-advantaged income in a structured, professionally managed vehicle.

Since its inception in September 2008, NUW has employed an active management approach, aiming to build a diversified portfolio of investment-grade municipal securities.