Stephens Inc. AR Trims Stock Position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Stephens Inc. AR lessened its stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 17.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,166 shares of the closed-end fund’s stock after selling 5,600 shares during the quarter. Stephens Inc. AR’s holdings in Nuveen Municipal Value Fund were worth $225,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of NUV. Private Trust Co. NA increased its holdings in shares of Nuveen Municipal Value Fund by 35.7% in the 3rd quarter. Private Trust Co. NA now owns 5,698 shares of the closed-end fund’s stock valued at $51,000 after acquiring an additional 1,500 shares during the period. Barrett & Company Inc. increased its holdings in shares of Nuveen Municipal Value Fund by 70.8% in the 4th quarter. Barrett & Company Inc. now owns 8,445 shares of the closed-end fund’s stock valued at $73,000 after acquiring an additional 3,500 shares during the period. CWM LLC increased its holdings in shares of Nuveen Municipal Value Fund by 204.5% in the 3rd quarter. CWM LLC now owns 9,451 shares of the closed-end fund’s stock valued at $85,000 after acquiring an additional 6,347 shares during the period. Narwhal Capital Management acquired a new position in shares of Nuveen Municipal Value Fund in the 4th quarter valued at $86,000. Finally, Radnor Capital Management LLC acquired a new position in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at $90,000. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Up 0.3 %

Shares of Nuveen Municipal Value Fund stock opened at $8.87 on Monday. The firm’s fifty day simple moving average is $8.70 and its 200-day simple moving average is $8.85. Nuveen Municipal Value Fund, Inc. has a 12 month low of $8.35 and a 12 month high of $9.15.

Nuveen Municipal Value Fund Announces Dividend

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

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.