10,050 Shares in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Acquired by Narwhal Capital Management

Narwhal Capital Management acquired a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,050 shares of the closed-end fund’s stock, valued at approximately $86,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. XTX Topco Ltd purchased a new position in Nuveen Municipal Value Fund during the 3rd quarter valued at about $104,000. Janney Montgomery Scott LLC increased its stake in shares of Nuveen Municipal Value Fund by 6.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 164,283 shares of the closed-end fund’s stock worth $1,482,000 after purchasing an additional 10,633 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of Nuveen Municipal Value Fund by 70.2% during the 3rd quarter. Private Advisor Group LLC now owns 19,999 shares of the closed-end fund’s stock worth $180,000 after purchasing an additional 8,247 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in shares of Nuveen Municipal Value Fund during the 3rd quarter worth approximately $90,000. Finally, International Assets Investment Management LLC lifted its stake in Nuveen Municipal Value Fund by 359.8% in the 3rd quarter. International Assets Investment Management LLC now owns 75,916 shares of the closed-end fund’s stock valued at $685,000 after buying an additional 59,405 shares in the last quarter. 22.50% of the stock is owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Price Performance

NYSE NUV opened at $8.70 on Monday. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.35 and a fifty-two week high of $9.15. The business has a fifty day moving average of $8.72 and a 200-day moving average of $8.84.

Nuveen Municipal Value Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a $0.0325 dividend. This represents a $0.39 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.