Cetera Investment Advisers Has $511,000 Stock Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)


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Cetera Investment Advisers trimmed its stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 3.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,017 shares of the closed-end fund’s stock after selling 1,507 shares during the quarter. Cetera Investment Advisers’ holdings in Nuveen Municipal Value Fund were worth $511,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. increased its position in Nuveen Municipal Value Fund by 3.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 115,346 shares of the closed-end fund’s stock worth $1,280,000 after purchasing an additional 3,450 shares in the last quarter. Ballew Advisors Inc increased its position in Nuveen Municipal Value Fund by 9.7% during the 4th quarter. Ballew Advisors Inc now owns 118,098 shares of the closed-end fund’s stock worth $1,296,000 after purchasing an additional 10,452 shares in the last quarter. Bremer Bank National Association acquired a new position in Nuveen Municipal Value Fund during the 4th quarter worth approximately $137,000. Ibex Wealth Advisors increased its position in Nuveen Municipal Value Fund by 9.2% during the 4th quarter. Ibex Wealth Advisors now owns 171,170 shares of the closed-end fund’s stock worth $1,900,000 after purchasing an additional 14,446 shares in the last quarter. Finally, Guggenheim Capital LLC increased its position in Nuveen Municipal Value Fund by 11.4% during the 3rd quarter. Guggenheim Capital LLC now owns 242,347 shares of the closed-end fund’s stock worth $2,583,000 after purchasing an additional 24,851 shares in the last quarter. Institutional investors and hedge funds own 12.67% of the company’s stock.

Shares of NYSE NUV opened at $11.22 on Thursday. Nuveen Municipal Value Fund, Inc. has a 52-week low of $9.33 and a 52-week high of $11.97. The firm has a 50 day moving average price of $11.09 and a two-hundred day moving average price of $11.03.

The firm also recently declared a monthly dividend, which will be paid on Monday, May 3rd. Shareholders of record on Thursday, April 15th will be given a $0.031 dividend. This represents a $0.37 annualized dividend and a yield of 3.32%. The ex-dividend date is Wednesday, April 14th.

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.

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Institutional Ownership by Quarter for Nuveen Municipal Value Fund (NYSE:NUV)

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