Advisor OS LLC acquired a new stake in shares of Nuveen Municipal Value Fund Inc (NYSE:NUV) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,737 shares of the closed-end fund’s stock, valued at approximately $120,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Morgan Stanley raised its holdings in shares of Nuveen Municipal Value Fund by 9.7% during the first quarter. Morgan Stanley now owns 4,404,651 shares of the closed-end fund’s stock valued at $42,989,000 after acquiring an additional 390,833 shares during the period. United Capital Financial Advisers LLC boosted its position in shares of Nuveen Municipal Value Fund by 16.7% in the first quarter. United Capital Financial Advisers LLC now owns 903,115 shares of the closed-end fund’s stock worth $8,814,000 after buying an additional 129,277 shares during the period. Wells Fargo & Company MN raised its position in Nuveen Municipal Value Fund by 11.3% during the first quarter. Wells Fargo & Company MN now owns 896,978 shares of the closed-end fund’s stock valued at $8,755,000 after buying an additional 90,782 shares during the period. Raymond James & Associates grew its stake in Nuveen Municipal Value Fund by 2.3% during the 2nd quarter. Raymond James & Associates now owns 671,639 shares of the closed-end fund’s stock valued at $6,851,000 after acquiring an additional 14,843 shares in the last quarter. Finally, Bar Harbor Trust Services grew its stake in Nuveen Municipal Value Fund by 9.8% during the 1st quarter. Bar Harbor Trust Services now owns 585,854 shares of the closed-end fund’s stock valued at $5,718,000 after acquiring an additional 52,398 shares in the last quarter. Institutional investors own 13.19% of the company’s stock.

NYSE:NUV traded up $0.04 on Wednesday, hitting $10.62. 19,364 shares of the company’s stock traded hands, compared to its average volume of 406,521. Nuveen Municipal Value Fund Inc has a 1 year low of $8.30 and a 1 year high of $11.15. The firm has a 50-day moving average price of $10.66 and a 200-day moving average price of $10.13.

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.031 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date is Monday, September 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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