Cwm LLC Increases Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Cwm LLC grew its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 204.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,451 shares of the closed-end fund’s stock after acquiring an additional 6,347 shares during the quarter. Cwm LLC’s holdings in Nuveen Municipal Value Fund were worth $85,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Sheaff Brock Investment Advisors LLC boosted its stake in shares of Nuveen Municipal Value Fund by 17.9% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 13,200 shares of the closed-end fund’s stock valued at $115,000 after purchasing an additional 2,000 shares during the period. Saxony Capital Management LLC boosted its stake in Nuveen Municipal Value Fund by 21.3% during the second quarter. Saxony Capital Management LLC now owns 14,250 shares of the closed-end fund’s stock worth $123,000 after acquiring an additional 2,500 shares in the last quarter. Hobbs Group Advisors LLC bought a new position in shares of Nuveen Municipal Value Fund during the second quarter valued at approximately $25,000. Hudson Valley Investment Advisors Inc. ADV lifted its holdings in shares of Nuveen Municipal Value Fund by 2.8% during the second quarter. Hudson Valley Investment Advisors Inc. ADV now owns 122,687 shares of the closed-end fund’s stock valued at $1,066,000 after purchasing an additional 3,303 shares during the last quarter. Finally, Disciplined Investments LLC grew its stake in shares of Nuveen Municipal Value Fund by 7.8% in the 2nd quarter. Disciplined Investments LLC now owns 54,854 shares of the closed-end fund’s stock worth $473,000 after buying an additional 3,960 shares during the last quarter. 22.50% of the stock is currently owned by institutional investors.

Nuveen Municipal Value Fund Trading Up 0.5 %

NYSE:NUV opened at $8.92 on Friday. Nuveen Municipal Value Fund, Inc. has a 52 week low of $7.86 and a 52 week high of $9.15. The company’s 50 day moving average price is $8.98 and its 200-day moving average price is $8.74.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.031 per share. This represents a $0.37 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date is Tuesday, October 15th.

Nuveen Municipal Value Fund Company 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.