Access Financial Services Inc. Has $355,000 Stock Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Access Financial Services Inc. lifted its holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 27.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 41,341 shares of the closed-end fund’s stock after purchasing an additional 8,996 shares during the quarter. Access Financial Services Inc.’s holdings in Nuveen Municipal Value Fund were worth $355,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Trust Co. NA grew its position in shares of 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 valued at $51,000 after purchasing an additional 1,500 shares during the period. CWM LLC grew its position 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 during the period. Radnor Capital Management LLC acquired a new position in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at approximately $90,000. Oppenheimer & Co. Inc. acquired a new position in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at approximately $90,000. Finally, Islay Capital Management LLC acquired a new position in Nuveen Municipal Value Fund during the 3rd quarter worth approximately $104,000. 22.50% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Stock Up 0.1 %

NYSE:NUV opened at $8.66 on Monday. Nuveen Municipal Value Fund, Inc. has a twelve month low of $8.35 and a twelve month high of $9.15. The business has a 50 day moving average price of $8.74 and a two-hundred day moving average price of $8.84.

Nuveen Municipal Value Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date of this dividend is Wednesday, January 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.