Atria Wealth Solutions Inc. Buys Shares of 63,739 Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Atria Wealth Solutions Inc. bought a new position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 63,739 shares of the closed-end fund’s stock, valued at approximately $548,000.

Several other institutional investors also recently modified their holdings of NUV. Rivernorth Capital Management LLC boosted its stake in Nuveen Municipal Value Fund by 9.1% during 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 acquiring an additional 618,364 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in Nuveen Municipal Value Fund by 51.0% in the fourth 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 during the period. Van ECK Associates Corp boosted its position in shares of Nuveen Municipal Value Fund by 4.4% during the fourth quarter. Van ECK Associates Corp now owns 1,237,733 shares of the closed-end fund’s stock worth $10,632,000 after purchasing an additional 52,200 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new position in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at $10,409,000. Finally, Chicago Partners Investment Group LLC increased its position in shares of Nuveen Municipal Value Fund by 5.8% in the 4th quarter. Chicago Partners Investment Group LLC now owns 788,849 shares of the closed-end fund’s stock valued at $6,816,000 after buying an additional 43,377 shares in the last quarter. 22.50% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Stock Down 0.3 %

Shares of Nuveen Municipal Value Fund stock opened at $8.85 on Thursday. The stock’s fifty day simple moving average is $8.71 and its 200 day simple moving average is $8.85. Nuveen Municipal Value Fund, Inc. has a 12 month low of $8.35 and a 12 month high of $9.15.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date is Friday, February 14th.

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.