Virtu Financial LLC Decreases Position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Virtu Financial LLC reduced its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 37.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,187 shares of the closed-end fund’s stock after selling 12,903 shares during the period. Virtu Financial LLC’s holdings in Nuveen Municipal Value Fund were worth $182,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Flagship Wealth Advisors LLC acquired a new stake in Nuveen Municipal Value Fund during the 4th quarter worth $27,000. Private Trust Co. NA increased its position in shares of Nuveen Municipal Value Fund by 35.7% during the third quarter. Private Trust Co. NA now owns 5,698 shares of the closed-end fund’s stock worth $51,000 after purchasing an additional 1,500 shares in the last quarter. Barrett & Company Inc. lifted its holdings in shares of Nuveen Municipal Value Fund by 70.8% in the 4th quarter. Barrett & Company Inc. now owns 8,445 shares of the closed-end fund’s stock valued at $73,000 after purchasing an additional 3,500 shares during the last quarter. Narwhal Capital Management purchased a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter valued at about $86,000. Finally, Wealthspire Advisors LLC acquired a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter valued at about $90,000. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Up 0.3 %

NUV opened at $8.76 on Friday. Nuveen Municipal Value Fund, Inc. has a 52 week low of $8.35 and a 52 week high of $9.15. The business’s 50 day moving average is $8.79 and its two-hundred day moving average is $8.84.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date of this dividend is Friday, March 14th.

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.