Citizens National Bank Trust Department Cuts Stake in Nuveen Municipal Value Fund, Inc. $NUV

Citizens National Bank Trust Department reduced its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 6.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 149,175 shares of the closed-end fund’s stock after selling 10,200 shares during the period. Citizens National Bank Trust Department owned about 0.07% of Nuveen Municipal Value Fund worth $1,296,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Seamount Financial Group Inc. boosted its stake in shares of Nuveen Municipal Value Fund by 4.7% in the 2nd quarter. Seamount Financial Group Inc. now owns 62,799 shares of the closed-end fund’s stock valued at $546,000 after purchasing an additional 2,837 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in Nuveen Municipal Value Fund in the second quarter worth $33,000. Golden State Equity Partners purchased a new stake in Nuveen Municipal Value Fund during the second quarter valued at about $140,000. Annex Advisory Services LLC bought a new position in shares of Nuveen Municipal Value Fund during the second quarter valued at about $101,000. Finally, Congress Park Capital LLC grew its stake in shares of Nuveen Municipal Value Fund by 9.7% during the second quarter. Congress Park Capital LLC now owns 551,632 shares of the closed-end fund’s stock valued at $4,794,000 after buying an additional 48,750 shares during the last quarter. 22.50% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Price Performance

NYSE NUV opened at $8.94 on Wednesday. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.38 and a 1-year high of $9.15. The stock has a 50-day moving average of $8.77 and a 200-day moving average of $8.67.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be paid a dividend of $0.0325 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Wednesday, October 15th.

About Nuveen Municipal Value Fund

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.