Callahan Advisors LLC Invests $806,000 in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Callahan Advisors LLC acquired a new position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the 4th quarter, Holdings Channel.com reports. The fund acquired 93,793 shares of the closed-end fund’s stock, valued at approximately $806,000.

Several other large investors also recently made changes to their positions in NUV. XTX Topco Ltd bought a new position in Nuveen Municipal Value Fund in the third quarter valued at $104,000. Janney Montgomery Scott LLC grew its position in Nuveen Municipal Value Fund by 6.9% in the third quarter. Janney Montgomery Scott LLC now owns 164,283 shares of the closed-end fund’s stock valued at $1,482,000 after purchasing an additional 10,633 shares in the last quarter. Private Advisor Group LLC grew its position in Nuveen Municipal Value Fund by 70.2% in the third quarter. Private Advisor Group LLC now owns 19,999 shares of the closed-end fund’s stock valued at $180,000 after purchasing an additional 8,247 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in Nuveen Municipal Value Fund in the third quarter valued at $90,000. Finally, International Assets Investment Management LLC grew its position in Nuveen Municipal Value Fund by 359.8% in the third quarter. International Assets Investment Management LLC now owns 75,916 shares of the closed-end fund’s stock valued at $685,000 after purchasing an additional 59,405 shares in the last quarter. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Up 0.3 %

Nuveen Municipal Value Fund stock opened at $8.87 on Tuesday. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.35 and a 1-year high of $9.15. The company has a fifty day simple moving average of $8.70 and a 200 day simple moving average of $8.85.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.0325 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date 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.