MGO One Seven LLC Has $232,000 Position in Nuveen Municipal Value Fund, Inc. $NUV

MGO One Seven LLC reduced its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 28.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,648 shares of the closed-end fund’s stock after selling 10,632 shares during the period. MGO One Seven LLC’s holdings in Nuveen Municipal Value Fund were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Private Trust Co. NA boosted its stake in shares of Nuveen Municipal Value Fund by 109.4% in the 1st quarter. Private Trust Co. NA now owns 5,723 shares of the closed-end fund’s stock valued at $50,000 after purchasing an additional 2,990 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Nuveen Municipal Value Fund by 274.5% in the 1st quarter. Farther Finance Advisors LLC now owns 3,869 shares of the closed-end fund’s stock valued at $34,000 after purchasing an additional 2,836 shares in the last quarter. Summit X LLC acquired a new stake in shares of Nuveen Municipal Value Fund in the 1st quarter valued at approximately $393,000. True North Advisors LLC acquired a new stake in shares of Nuveen Municipal Value Fund in the 1st quarter valued at approximately $4,480,000. Finally, Sowell Financial Services LLC acquired a new stake in shares of Nuveen Municipal Value Fund in the 1st quarter valued at approximately $94,000. 22.50% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Trading Up 0.1%

NYSE:NUV opened at $9.07 on Tuesday. The firm’s 50 day simple moving average is $8.85 and its 200 day simple moving average is $8.68. Nuveen Municipal Value Fund, Inc. has a one year low of $8.38 and a one year high of $9.11.

Nuveen Municipal Value Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Wednesday, October 15th will be given a dividend of $0.0325 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 4.3%.

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.