Stratos Wealth Partners LTD. Acquires 22,015 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Stratos Wealth Partners LTD. raised its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 127.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,347 shares of the closed-end fund’s stock after purchasing an additional 22,015 shares during the period. Stratos Wealth Partners LTD.’s holdings in Nuveen Municipal Value Fund were worth $338,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Rivernorth Capital Management LLC boosted its holdings in Nuveen Municipal Value Fund by 9.1% in the 3rd quarter. Rivernorth Capital Management LLC now owns 7,420,686 shares of the closed-end fund’s stock valued at $66,935,000 after purchasing an additional 618,364 shares during the period. Hennion & Walsh Asset Management Inc. boosted its holdings in Nuveen Municipal Value Fund by 51.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,354,412 shares of the closed-end fund’s stock valued at $11,634,000 after purchasing an additional 457,422 shares during the period. Kovitz Investment Group Partners LLC bought a new stake in Nuveen Municipal Value Fund in the 3rd quarter valued at about $10,409,000. Chicago Partners Investment Group LLC boosted its holdings in Nuveen Municipal Value Fund by 5.8% in the 4th quarter. Chicago Partners Investment Group LLC now owns 788,849 shares of the closed-end fund’s stock valued at $6,816,000 after purchasing an additional 43,377 shares during the period. Finally, Advisors Asset Management Inc. boosted its holdings in Nuveen Municipal Value Fund by 3.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 664,578 shares of the closed-end fund’s stock valued at $5,994,000 after purchasing an additional 22,497 shares during the period. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Down 0.5 %

Shares of Nuveen Municipal Value Fund stock opened at $8.81 on Thursday. The company has a 50 day moving average of $8.71 and a 200-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 Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend is Friday, February 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.