J.W. Cole Advisors Inc. Takes Position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

J.W. Cole Advisors Inc. purchased a new stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,468 shares of the closed-end fund’s stock, valued at approximately $99,000.

A number of other large investors also recently bought and sold shares of NUV. Roman Butler Fullerton & Co. increased its holdings in shares of Nuveen Municipal Value Fund by 8.8% during the 4th quarter. Roman Butler Fullerton & Co. now owns 102,645 shares of the closed-end fund’s stock valued at $885,000 after purchasing an additional 8,299 shares in the last quarter. Saxony Capital Management LLC purchased a new stake in shares of Nuveen Municipal Value Fund during the 4th quarter worth about $101,000. Koshinski Asset Management Inc. boosted its stake in shares of Nuveen Municipal Value Fund by 56.8% during the 4th quarter. Koshinski Asset Management Inc. now owns 205,512 shares of the closed-end fund’s stock worth $1,767,000 after acquiring an additional 74,411 shares in the last quarter. RFG Advisory LLC grew its position in shares of Nuveen Municipal Value Fund by 59.4% during the 4th quarter. RFG Advisory LLC now owns 22,800 shares of the closed-end fund’s stock valued at $196,000 after acquiring an additional 8,500 shares during the period. Finally, Narwhal Capital Management purchased a new position in shares of Nuveen Municipal Value Fund in the 4th quarter valued at about $115,000. 22.50% of the stock is owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Price Performance

Shares of NUV opened at $8.45 on Friday. Nuveen Municipal Value Fund, Inc. has a 12 month low of $7.86 and a 12 month high of $8.93. The stock’s 50 day moving average is $8.63 and its two-hundred day moving average is $8.54.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.029 dividend. This represents a $0.35 annualized dividend and a yield of 4.12%. The ex-dividend date is Friday, April 12th.

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.