Good Life Advisors LLC Has $368,000 Stock Position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Good Life Advisors LLC lifted its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 5.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 40,775 shares of the closed-end fund’s stock after purchasing an additional 2,135 shares during the period. Good Life Advisors LLC’s holdings in Nuveen Municipal Value Fund were worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Hobbs Group Advisors LLC acquired a new stake in shares of Nuveen Municipal Value Fund in the second quarter worth $25,000. Ashton Thomas Private Wealth LLC acquired a new position in Nuveen Municipal Value Fund during the 2nd quarter valued at $36,000. Family Firm Inc. acquired a new position in Nuveen Municipal Value Fund during the 2nd quarter valued at $38,000. CWM LLC raised its stake in Nuveen Municipal Value Fund by 204.5% during the 3rd quarter. CWM LLC now owns 9,451 shares of the closed-end fund’s stock valued at $85,000 after purchasing an additional 6,347 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in Nuveen Municipal Value Fund during the 1st quarter valued at $84,000. 22.50% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Trading Up 0.2 %

NYSE:NUV opened at $9.11 on Friday. Nuveen Municipal Value Fund, Inc. has a one year low of $7.86 and a one year high of $9.15. The company has a fifty day moving average price of $8.96 and a 200 day moving average price of $8.72.

Nuveen Municipal Value Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.031 per share. This represents a $0.37 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.