International Assets Investment Management LLC Purchases 2,023 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

International Assets Investment Management LLC increased its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 14.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,496 shares of the closed-end fund’s stock after buying an additional 2,023 shares during the period. International Assets Investment Management LLC’s holdings in Nuveen Municipal Value Fund were worth $143,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new position in shares of Nuveen Municipal Value Fund in the 4th quarter valued at about $35,000. Ancora Advisors LLC boosted its holdings in shares of Nuveen Municipal Value Fund by 25.4% in the 3rd quarter. Ancora Advisors LLC now owns 8,233 shares of the closed-end fund’s stock worth $68,000 after purchasing an additional 1,666 shares during the period. Wolverine Asset Management LLC bought a new position in shares of Nuveen Municipal Value Fund during the 4th quarter valued at approximately $92,000. Sheaff Brock Investment Advisors LLC purchased a new stake in Nuveen Municipal Value Fund during the 4th quarter valued at $96,000. Finally, King Luther Capital Management Corp bought a new stake in Nuveen Municipal Value Fund in the fourth quarter worth $98,000. 22.50% of the stock is owned by institutional investors.

Nuveen Municipal Value Fund Trading Down 0.2 %

NUV stock opened at $8.57 on Friday. The firm’s fifty day simple moving average is $8.54 and its two-hundred day simple moving average is $8.62. Nuveen Municipal Value Fund, Inc. has a twelve month low of $7.86 and a twelve month high of $8.93.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be given a $0.029 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Friday, June 14th.

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.