Corps Capital Advisors LLC Makes New Investment in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Corps Capital Advisors LLC acquired a new position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 23,500 shares of the closed-end fund’s stock, valued at approximately $202,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Good Life Advisors LLC lifted its holdings in Nuveen Municipal Value Fund by 2.9% in the 4th quarter. Good Life Advisors LLC now owns 41,961 shares of the closed-end fund’s stock worth $360,000 after buying an additional 1,186 shares in the last quarter. Private Trust Co. NA lifted its holdings in 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 worth $51,000 after buying an additional 1,500 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its holdings in Nuveen Municipal Value Fund by 12.1% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 14,800 shares of the closed-end fund’s stock worth $133,000 after buying an additional 1,600 shares in the last quarter. Roman Butler Fullerton & Co. lifted its holdings in Nuveen Municipal Value Fund by 1.1% in the 4th quarter. Roman Butler Fullerton & Co. now owns 175,887 shares of the closed-end fund’s stock worth $1,537,000 after buying an additional 1,910 shares in the last quarter. Finally, Moloney Securities Asset Management LLC raised its stake in shares of Nuveen Municipal Value Fund by 10.2% in the 4th quarter. Moloney Securities Asset Management LLC now owns 22,039 shares of the closed-end fund’s stock valued at $189,000 after purchasing an additional 2,039 shares in the last quarter. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

Shares of Nuveen Municipal Value Fund stock opened at $8.89 on Thursday. The firm’s 50-day simple moving average is $8.70 and its 200-day simple moving average is $8.85. 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 business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid 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 4.39%.

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.