Dynamic Financial Group Acquires 49,461 Shares of Nuveen Municipal Value Fund, Inc. $NUV

Dynamic Financial Group lifted its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 47.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 153,522 shares of the closed-end fund’s stock after acquiring an additional 49,461 shares during the period. Nuveen Municipal Value Fund accounts for approximately 1.3% of Dynamic Financial Group’s holdings, making the stock its 11th biggest holding. Dynamic Financial Group’s holdings in Nuveen Municipal Value Fund were worth $1,334,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Concurrent Investment Advisors LLC lifted its stake in Nuveen Municipal Value Fund by 24.7% in the second quarter. Concurrent Investment Advisors LLC now owns 89,363 shares of the closed-end fund’s stock worth $777,000 after purchasing an additional 17,693 shares during the last quarter. Coordinated Financial Services Inc. bought a new stake in Nuveen Municipal Value Fund in the second quarter worth about $87,000. Narwhal Capital Management lifted its stake in Nuveen Municipal Value Fund by 105.1% in the second quarter. Narwhal Capital Management now owns 26,100 shares of the closed-end fund’s stock worth $227,000 after purchasing an additional 13,375 shares during the last quarter. Seamount Financial Group Inc. lifted its stake in Nuveen Municipal Value Fund by 4.7% in the second quarter. Seamount Financial Group Inc. now owns 62,799 shares of the closed-end fund’s stock worth $546,000 after purchasing an additional 2,837 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in Nuveen Municipal Value Fund in the second quarter worth about $33,000. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Price Performance

Shares of NYSE NUV opened at $9.06 on Monday. Nuveen Municipal Value Fund, Inc. has a 1 year low of $8.38 and a 1 year high of $9.15. The firm has a 50-day simple moving average of $8.80 and a two-hundred day simple moving average of $8.67.

Nuveen Municipal Value Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be paid a $0.0325 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 4.3%.

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.