Nuveen Municipal Value Fund Inc (NUV) Shares Bought by Morgan Stanley

Morgan Stanley lifted its position in Nuveen Municipal Value Fund Inc (NYSE:NUV) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,288,481 shares of the closed-end fund’s stock after purchasing an additional 119,229 shares during the quarter. Morgan Stanley owned approximately 2.07% of Nuveen Municipal Value Fund worth $40,140,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of America Corp DE raised its stake in Nuveen Municipal Value Fund by 0.5% during the 2nd quarter. Bank of America Corp DE now owns 2,085,335 shares of the closed-end fund’s stock valued at $19,936,000 after acquiring an additional 10,765 shares during the last quarter. Johnson Financial Group Inc. raised its stake in Nuveen Municipal Value Fund by 1.2% during the 3rd quarter. Johnson Financial Group Inc. now owns 1,201,497 shares of the closed-end fund’s stock valued at $11,246,000 after acquiring an additional 13,682 shares during the last quarter. Wells Fargo & Company MN raised its stake in Nuveen Municipal Value Fund by 5.9% during the 3rd quarter. Wells Fargo & Company MN now owns 561,613 shares of the closed-end fund’s stock valued at $5,257,000 after acquiring an additional 31,248 shares during the last quarter. Stevens First Principles Investment Advisors raised its stake in Nuveen Municipal Value Fund by 115.3% during the 3rd quarter. Stevens First Principles Investment Advisors now owns 556,868 shares of the closed-end fund’s stock valued at $5,212,000 after acquiring an additional 298,260 shares during the last quarter. Finally, Tortoise Investment Management LLC raised its stake in Nuveen Municipal Value Fund by 2.9% during the 3rd quarter. Tortoise Investment Management LLC now owns 456,922 shares of the closed-end fund’s stock valued at $4,277,000 after acquiring an additional 12,835 shares during the last quarter. 12.67% of the stock is owned by hedge funds and other institutional investors.

NUV opened at $9.56 on Friday. Nuveen Municipal Value Fund Inc has a 52 week low of $9.11 and a 52 week high of $10.15.

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 1st. Shareholders of record on Tuesday, January 15th will be paid a dividend of $0.031 per share. This represents a $0.37 annualized dividend and a yield of 3.89%. The ex-dividend date is Monday, January 14th.

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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.

See Also: Net Asset Value

Institutional Ownership by Quarter for Nuveen Municipal Value Fund (NYSE:NUV)

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