Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Acquired by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. lifted its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 8.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 102,645 shares of the closed-end fund’s stock after acquiring an additional 8,299 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Nuveen Municipal Value Fund were worth $885,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of NUV. Citigroup Inc. boosted its position in shares of Nuveen Municipal Value Fund by 98.7% during the 1st quarter. Citigroup Inc. now owns 2,981 shares of the closed-end fund’s stock worth $29,000 after purchasing an additional 1,481 shares during the period. Sunbelt Securities Inc. acquired a new position in Nuveen Municipal Value Fund during the first quarter worth $33,000. Sound Income Strategies LLC purchased a new position in shares of Nuveen Municipal Value Fund during the fourth quarter worth $35,000. Larson Financial Group LLC purchased a new position in shares of Nuveen Municipal Value Fund during the third quarter worth $35,000. Finally, Signaturefd LLC acquired a new stake in shares of Nuveen Municipal Value Fund in the third quarter valued at $46,000. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Down 0.1 %

Shares of NUV traded down $0.01 during mid-day trading on Thursday, hitting $8.48. 62,872 shares of the company’s stock were exchanged, compared to its average volume of 420,825. The stock’s 50-day moving average is $8.68 and its 200-day moving average is $8.52. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $7.86 and a fifty-two week high of $8.93.

Nuveen Municipal Value Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be paid a dividend of $0.029 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.35 annualized dividend and a yield of 4.10%.

Nuveen Municipal Value Fund 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.