Kestra Private Wealth Services LLC Purchases 33,141 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Kestra Private Wealth Services LLC boosted its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 77.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,658 shares of the closed-end fund’s stock after purchasing an additional 33,141 shares during the period. Kestra Private Wealth Services LLC’s holdings in Nuveen Municipal Value Fund were worth $650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Private Trust Co. NA lifted its stake in shares of Nuveen Municipal Value Fund by 35.7% during the 3rd quarter. Private Trust Co. NA now owns 5,698 shares of the closed-end fund’s stock worth $51,000 after acquiring an additional 1,500 shares during the last quarter. Barrett & Company Inc. lifted its position in shares of Nuveen Municipal Value Fund by 70.8% during the fourth quarter. Barrett & Company Inc. now owns 8,445 shares of the closed-end fund’s stock worth $73,000 after purchasing an additional 3,500 shares during the last quarter. CWM LLC boosted its stake in shares of Nuveen Municipal Value Fund by 204.5% during the third quarter. CWM LLC now owns 9,451 shares of the closed-end fund’s stock valued at $85,000 after purchasing an additional 6,347 shares during the period. Narwhal Capital Management bought a new position in shares of Nuveen Municipal Value Fund in the fourth quarter worth about $86,000. Finally, Radnor Capital Management LLC purchased a new position in Nuveen Municipal Value Fund in the 3rd quarter worth about $90,000. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Price Performance

Nuveen Municipal Value Fund stock opened at $8.87 on Friday. The firm has a 50-day moving average of $8.70 and a two-hundred day moving average of $8.84. Nuveen Municipal Value Fund, Inc. has a 1 year low of $8.35 and a 1 year high of $9.15.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.0325 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.39 annualized dividend and a yield of 4.40%.

Nuveen Municipal Value Fund 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.