Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Purchased by Bar Harbor Wealth Management

Bar Harbor Wealth Management increased its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 6.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 453,466 shares of the closed-end fund’s stock after purchasing an additional 27,146 shares during the period. Bar Harbor Wealth Management’s holdings in Nuveen Municipal Value Fund were worth $4,090,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Tortoise Investment Management LLC lifted its holdings in shares of Nuveen Municipal Value Fund by 11.3% in the 2nd quarter. Tortoise Investment Management LLC now owns 1,999,613 shares of the closed-end fund’s stock valued at $17,257,000 after purchasing an additional 202,782 shares during the last quarter. Van ECK Associates Corp raised its stake in Nuveen Municipal Value Fund by 7.5% during the 2nd quarter. Van ECK Associates Corp now owns 1,218,863 shares of the closed-end fund’s stock valued at $10,519,000 after acquiring an additional 85,446 shares during the last quarter. Advisors Asset Management Inc. lifted its position in Nuveen Municipal Value Fund by 1.9% during the 1st quarter. Advisors Asset Management Inc. now owns 662,242 shares of the closed-end fund’s stock worth $5,768,000 after acquiring an additional 12,203 shares during the period. Hennion & Walsh Asset Management Inc. grew its stake in shares of Nuveen Municipal Value Fund by 4.6% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 646,473 shares of the closed-end fund’s stock valued at $5,579,000 after purchasing an additional 28,400 shares during the last quarter. Finally, True North Advisors LLC purchased a new position in shares of Nuveen Municipal Value Fund in the 1st quarter valued at approximately $4,337,000. 22.50% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Trading Down 0.3 %

Shares of NUV stock opened at $9.09 on Friday. The business’s 50 day moving average is $8.96 and its two-hundred day moving average is $8.72. Nuveen Municipal Value Fund, Inc. has a twelve month low of $7.86 and a twelve month high of $9.15.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be paid a $0.031 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $0.37 annualized dividend and a dividend yield of 4.09%.

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.