International Assets Investment Management LLC Acquires 110,555 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

International Assets Investment Management LLC raised its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 794.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 124,472 shares of the closed-end fund’s stock after acquiring an additional 110,555 shares during the period. International Assets Investment Management LLC owned approximately 0.06% of Nuveen Municipal Value Fund worth $1,070,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Larson Financial Group LLC bought a new stake in Nuveen Municipal Value Fund in the third quarter valued at about $35,000. Sound Income Strategies LLC bought a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter valued at about $35,000. Signaturefd LLC acquired a new stake in shares of Nuveen Municipal Value Fund in the 3rd quarter valued at approximately $46,000. Ancora Advisors LLC boosted its stake in Nuveen Municipal Value Fund by 25.4% during the 3rd quarter. Ancora Advisors LLC now owns 8,233 shares of the closed-end fund’s stock worth $68,000 after acquiring an additional 1,666 shares during the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in Nuveen Municipal Value Fund during the third quarter valued at approximately $81,000. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Down 0.2 %

Shares of NYSE:NUV opened at $8.49 on Tuesday. The company has a 50 day moving average price of $8.66 and a two-hundred day moving average price of $8.53. Nuveen Municipal Value Fund, Inc. has a 52 week low of $7.86 and a 52 week high of $8.93.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently disclosed 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. This represents a $0.35 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend is Friday, April 12th.

About Nuveen Municipal Value Fund

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.