CENTRAL TRUST Co Reduces Stock Position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

CENTRAL TRUST Co cut its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV – Get Rating) by 4.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 181,146 shares of the closed-end fund’s stock after selling 7,900 shares during the period. CENTRAL TRUST Co owned approximately 0.09% of Nuveen Municipal Value Fund worth $1,533,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in NUV. Private Trust Co. NA purchased a new position in shares of Nuveen Municipal Value Fund during the 2nd quarter worth about $26,000. Citigroup Inc. boosted its position in Nuveen Municipal Value Fund by 98.7% in the 1st quarter. Citigroup Inc. now owns 2,981 shares of the closed-end fund’s stock valued at $29,000 after buying an additional 1,481 shares during the period. Providence First Trust Co purchased a new stake in Nuveen Municipal Value Fund in the 3rd quarter valued at about $30,000. AdvisorNet Financial Inc raised its holdings in shares of Nuveen Municipal Value Fund by 198.3% in the 3rd quarter. AdvisorNet Financial Inc now owns 6,017 shares of the closed-end fund’s stock valued at $51,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Walter & Keenan Wealth Management LLC IN ADV bought a new stake in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at about $85,000. 17.32% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Trading Up 0.6 %

NYSE NUV opened at $8.74 on Thursday. The company has a 50 day moving average price of $8.94 and a 200 day moving average price of $8.71. Nuveen Municipal Value Fund, Inc. has a 52 week low of $8.25 and a 52 week high of $9.64.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 3rd. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.028 per share. This represents a $0.34 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Tuesday, March 14th.

Nuveen Municipal Value Fund Profile

(Get Rating)

Nuveen Municipal Value Fund, Inc is a closed-end diversified management investment fund. Its objective is current income exempt from federal income taxes and its secondary objective is the enhancement of portfolio value through selection of tax-exempt bonds and municipal market sectors. The company was founded on April 8, 1987 and is headquartered in Chicago, IL.