Cohen & Steers Inc. Boosts Stock Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Cohen & Steers Inc. raised its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUVGet Rating) by 54.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 221,757 shares of the closed-end fund’s stock after acquiring an additional 78,488 shares during the quarter. Cohen & Steers Inc. owned about 0.11% of Nuveen Municipal Value Fund worth $2,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of NUV. Chilton Capital Management LLC bought a new stake in Nuveen Municipal Value Fund during the 4th quarter valued at $26,000. Citigroup Inc. raised its holdings in 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 valued at $29,000 after acquiring an additional 1,481 shares during the period. Camelot Portfolios LLC bought a new stake in Nuveen Municipal Value Fund during the 1st quarter valued at $96,000. Running Point Capital Advisors LLC bought a new stake in Nuveen Municipal Value Fund during the 1st quarter valued at $96,000. Finally, GoalFusion Wealth Management LLC bought a new stake in Nuveen Municipal Value Fund during the 1st quarter valued at $98,000. Institutional investors own 17.14% of the company’s stock.

Nuveen Municipal Value Fund Stock Up 0.6 %

Nuveen Municipal Value Fund stock opened at $8.99 on Monday. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.49 and a fifty-two week high of $11.72. The firm’s fifty day moving average price is $9.08 and its 200-day moving average price is $9.16.

Nuveen Municipal Value Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Thursday, September 15th will be issued a $0.028 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.34 annualized dividend and a dividend yield of 3.74%.

Nuveen Municipal Value Fund Profile

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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.

Further Reading

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

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