Citadel Advisors LLC Reduces Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Citadel Advisors LLC trimmed its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,359 shares of the closed-end fund’s stock after selling 1,722 shares during the period. Citadel Advisors LLC’s holdings in Nuveen Municipal Value Fund were worth $98,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of NUV. Stratos Wealth Partners LTD. lifted its position in shares of Nuveen Municipal Value Fund by 127.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 39,347 shares of the closed-end fund’s stock worth $338,000 after purchasing an additional 22,015 shares during the period. Moloney Securities Asset Management LLC lifted its position in Nuveen Municipal Value Fund by 10.2% during the 4th quarter. Moloney Securities Asset Management LLC now owns 22,039 shares of the closed-end fund’s stock valued at $189,000 after acquiring an additional 2,039 shares during the period. Kestra Private Wealth Services LLC lifted its position in Nuveen Municipal Value Fund by 77.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 75,658 shares of the closed-end fund’s stock valued at $650,000 after acquiring an additional 33,141 shares during the period. Van ECK Associates Corp lifted its position in Nuveen Municipal Value Fund by 4.4% during the 4th quarter. Van ECK Associates Corp now owns 1,237,733 shares of the closed-end fund’s stock valued at $10,632,000 after acquiring an additional 52,200 shares during the period. Finally, Pathway Financial Advisers LLC lifted its position in Nuveen Municipal Value Fund by 10.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 64,746 shares of the closed-end fund’s stock valued at $556,000 after acquiring an additional 6,345 shares during the period. 22.50% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Value Fund Stock Up 0.2%

Shares of Nuveen Municipal Value Fund stock opened at $8.56 on Tuesday. Nuveen Municipal Value Fund, Inc. has a 52-week low of $8.38 and a 52-week high of $9.15. The company has a 50-day simple moving average of $8.59 and a two-hundred day simple moving average of $8.70.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a $0.0325 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.39 annualized dividend and a yield of 4.56%.

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.