6,250 Shares in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC purchased a new position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV – Get Rating) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,250 shares of the closed-end fund’s stock, valued at approximately $54,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV raised its stake in shares of Nuveen Municipal Value Fund by 3.0% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 45,080 shares of the closed-end fund’s stock valued at $381,000 after purchasing an additional 1,310 shares in the last quarter. Mariner LLC raised its stake in shares of Nuveen Municipal Value Fund by 6.7% in the 1st quarter. Mariner LLC now owns 22,054 shares of the closed-end fund’s stock valued at $211,000 after purchasing an additional 1,381 shares in the last quarter. Citigroup Inc. raised its stake in shares of 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 purchasing an additional 1,481 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Nuveen Municipal Value Fund by 17.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 11,699 shares of the closed-end fund’s stock valued at $98,000 after purchasing an additional 1,699 shares in the last quarter. Finally, Citadel Advisors LLC raised its stake in Nuveen Municipal Value Fund by 15.5% during the second quarter. Citadel Advisors LLC now owns 13,544 shares of the closed-end fund’s stock worth $121,000 after acquiring an additional 1,813 shares during the period. 17.32% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Stock Performance

NUV opened at $8.80 on Wednesday. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.25 and a fifty-two week high of $9.56. The company’s 50-day moving average price is $8.79 and its 200 day moving average price is $8.79.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 1st. Investors of record on Monday, May 15th will be paid a dividend of $0.028 per share. The ex-dividend date is Friday, May 12th. This represents a $0.34 annualized dividend and a yield of 3.82%.

About Nuveen Municipal Value Fund

(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.