Nuveen Municipal Value Fund, Inc. $NUV Shares Acquired by Oarsman Capital Inc.

Oarsman Capital Inc. increased its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 84.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,942 shares of the closed-end fund’s stock after acquiring an additional 5,942 shares during the period. Oarsman Capital Inc.’s holdings in Nuveen Municipal Value Fund were worth $114,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in shares of Nuveen Municipal Value Fund by 274.5% in the 1st quarter. Farther Finance Advisors LLC now owns 3,869 shares of the closed-end fund’s stock worth $34,000 after acquiring an additional 2,836 shares during the period. Private Trust Co. NA grew its position in Nuveen Municipal Value Fund by 109.4% in the 1st quarter. Private Trust Co. NA now owns 5,723 shares of the closed-end fund’s stock valued at $50,000 after buying an additional 2,990 shares in the last quarter. Summit X LLC bought a new position in Nuveen Municipal Value Fund in the 1st quarter valued at about $393,000. Hennion & Walsh Asset Management Inc. grew its position in Nuveen Municipal Value Fund by 27.2% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 1,722,971 shares of the closed-end fund’s stock valued at $15,110,000 after buying an additional 368,559 shares in the last quarter. Finally, True North Advisors LLC bought a new position in Nuveen Municipal Value Fund in the 1st quarter valued at about $4,480,000. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Trading Up 0.1%

Shares of NUV opened at $8.67 on Friday. The firm has a 50-day moving average price of $8.62 and a 200 day moving average price of $8.65. Nuveen Municipal Value Fund, Inc. has a 52-week low of $8.38 and a 52-week high of $9.15.

Nuveen Municipal Value Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a $0.0325 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Friday, August 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.