Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Sold by WealthBridge Capital Management LLC

WealthBridge Capital Management LLC reduced its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 8.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,892 shares of the closed-end fund’s stock after selling 3,962 shares during the period. WealthBridge Capital Management LLC’s holdings in Nuveen Municipal Value Fund were worth $351,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of NUV. CWM LLC lifted its stake 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 purchasing an additional 6,347 shares in the last quarter. Private Advisor Group LLC lifted its position in Nuveen Municipal Value Fund by 70.2% during the 3rd quarter. Private Advisor Group LLC now owns 19,999 shares of the closed-end fund’s stock worth $180,000 after acquiring an additional 8,247 shares in the last quarter. International Assets Investment Management LLC lifted its position in Nuveen Municipal Value Fund by 359.8% during the 3rd quarter. International Assets Investment Management LLC now owns 75,916 shares of the closed-end fund’s stock worth $685,000 after acquiring an additional 59,405 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Nuveen Municipal Value Fund by 38.8% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 896,990 shares of the closed-end fund’s stock worth $8,091,000 after acquiring an additional 250,517 shares in the last quarter. Finally, PFG Investments LLC lifted its position in Nuveen Municipal Value Fund by 23.5% during the 3rd quarter. PFG Investments LLC now owns 27,613 shares of the closed-end fund’s stock worth $249,000 after acquiring an additional 5,252 shares in the last quarter. 22.50% of the stock is owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Price Performance

Nuveen Municipal Value Fund stock opened at $8.89 on Thursday. The stock’s 50 day moving average price is $8.70 and its 200 day moving average price is $8.85. Nuveen Municipal Value Fund, Inc. has a one year low of $8.35 and a one year high of $9.15.

Nuveen Municipal Value Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.0325 per share. This represents a $0.39 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Friday, February 14th.

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.