Virtu Financial LLC Buys Shares of 19,519 Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Virtu Financial LLC bought a new position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 19,519 shares of the closed-end fund’s stock, valued at approximately $168,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sound Income Strategies LLC bought a new position in Nuveen Municipal Value Fund during the 4th quarter worth approximately $35,000. Ancora Advisors LLC boosted its position in shares of Nuveen Municipal Value Fund by 25.4% during the third quarter. Ancora Advisors LLC now owns 8,233 shares of the closed-end fund’s stock worth $68,000 after purchasing an additional 1,666 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Nuveen Municipal Value Fund in the 4th quarter valued at $92,000. Sheaff Brock Investment Advisors LLC bought a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter valued at $96,000. Finally, King Luther Capital Management Corp acquired a new stake in Nuveen Municipal Value Fund during the 4th quarter worth $98,000. 22.50% of the stock is owned by institutional investors.

Nuveen Municipal Value Fund Price Performance

NYSE:NUV opened at $8.54 on Monday. Nuveen Municipal Value Fund, Inc. has a 1 year low of $7.86 and a 1 year high of $8.93. The stock has a 50-day moving average price of $8.53 and a two-hundred day moving average price of $8.62.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be given a $0.029 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.35 annualized dividend and a dividend yield of 4.07%.

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.