Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Sold by Citizens National Bank Trust Department

Citizens National Bank Trust Department reduced its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 5.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,450 shares of the closed-end fund’s stock after selling 9,525 shares during the quarter. Citizens National Bank Trust Department’s holdings in Nuveen Municipal Value Fund were worth $1,421,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in NUV. Kovitz Investment Group Partners LLC bought a new stake in shares of Nuveen Municipal Value Fund in the 3rd quarter worth approximately $10,409,000. Rivernorth Capital Management LLC raised its holdings in shares of Nuveen Municipal Value Fund by 9.1% in the 3rd 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 in the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of 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 purchasing an additional 457,422 shares in the last quarter. Ibex Wealth Advisors bought a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter worth approximately $1,490,000. Finally, Tandem Financial LLC bought a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter worth approximately $1,100,000. 22.50% of the stock is currently owned by institutional investors.

Nuveen Municipal Value Fund Stock Performance

NUV stock opened at $8.89 on Thursday. Nuveen Municipal Value Fund, Inc. has a 52-week low of $8.35 and a 52-week high of $9.15. The company’s 50 day simple moving average is $8.70 and its 200-day simple moving average is $8.85.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.0325 per share. The ex-dividend date is Friday, February 14th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.39%.

Nuveen Municipal Value Fund 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.