Moloney Securities Asset Management LLC Boosts Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Moloney Securities Asset Management LLC grew its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 10.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,039 shares of the closed-end fund’s stock after purchasing an additional 2,039 shares during the period. Moloney Securities Asset Management LLC’s holdings in Nuveen Municipal Value Fund were worth $189,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Rivernorth Capital Management LLC grew its position in Nuveen Municipal Value Fund by 9.1% during the third quarter. Rivernorth Capital Management LLC now owns 7,420,686 shares of the closed-end fund’s stock worth $66,935,000 after buying an additional 618,364 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Nuveen Municipal Value Fund by 51.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,354,412 shares of the closed-end fund’s stock worth $11,634,000 after purchasing an additional 457,422 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Nuveen Municipal Value Fund in the third quarter valued at approximately $10,409,000. Chicago Partners Investment Group LLC lifted its position in Nuveen Municipal Value Fund by 5.8% during the fourth quarter. Chicago Partners Investment Group LLC now owns 788,849 shares of the closed-end fund’s stock valued at $6,816,000 after purchasing an additional 43,377 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in Nuveen Municipal Value Fund by 3.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 664,578 shares of the closed-end fund’s stock worth $5,994,000 after buying an additional 22,497 shares in the last quarter. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

Nuveen Municipal Value Fund stock opened at $8.86 on Wednesday. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.35 and a fifty-two week high of $9.15. The firm’s fifty day moving average price is $8.71 and its 200-day moving average price is $8.84.

Nuveen Municipal Value Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.0325 per share. This represents a $0.39 annualized dividend and a yield of 4.40%. The ex-dividend date is Friday, February 14th.

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.