13,936 Shares in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Acquired by Nilsine Partners LLC

Nilsine Partners LLC acquired a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,936 shares of the closed-end fund’s stock, valued at approximately $120,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rivernorth Capital Management LLC grew its holdings in shares of Nuveen Municipal Value Fund by 9.1% in the third quarter. Rivernorth Capital Management LLC now owns 7,420,686 shares of the closed-end fund’s stock worth $66,935,000 after purchasing an additional 618,364 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in Nuveen Municipal Value Fund by 51.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,354,412 shares of the closed-end fund’s stock worth $11,634,000 after acquiring an additional 457,422 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new position in shares of Nuveen Municipal Value Fund during the third quarter worth approximately $10,409,000. Chicago Partners Investment Group LLC raised its stake in shares of Nuveen Municipal Value Fund by 4.1% during the third quarter. Chicago Partners Investment Group LLC now owns 745,472 shares of the closed-end fund’s stock valued at $6,657,000 after acquiring an additional 29,351 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Nuveen Municipal Value Fund by 3.5% in the third quarter. Advisors Asset Management Inc. now owns 664,578 shares of the closed-end fund’s stock valued at $5,994,000 after purchasing an additional 22,497 shares during the period. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

NUV opened at $8.70 on Thursday. The stock’s fifty day moving average is $8.72 and its two-hundred day moving average is $8.84. Nuveen Municipal Value Fund, Inc. has a 52 week low of $8.35 and a 52 week high of $9.15.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.