PKS Advisory Services LLC Purchases 46,270 Shares of Nuveen Municipal Value Fund, Inc. $NUV

PKS Advisory Services LLC boosted its position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 101.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 91,720 shares of the closed-end fund’s stock after acquiring an additional 46,270 shares during the period. PKS Advisory Services LLC’s holdings in Nuveen Municipal Value Fund were worth $797,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Kestra Private Wealth Services LLC boosted its holdings in shares of Nuveen Municipal Value Fund by 22.1% during the first quarter. Kestra Private Wealth Services LLC now owns 92,415 shares of the closed-end fund’s stock worth $810,000 after purchasing an additional 16,757 shares during the period. Venturi Wealth Management LLC increased its stake in shares of Nuveen Municipal Value Fund by 29.9% in the 1st quarter. Venturi Wealth Management LLC now owns 92,582 shares of the closed-end fund’s stock worth $812,000 after acquiring an additional 21,323 shares in the last quarter. Cetera Investment Advisers lifted its position in Nuveen Municipal Value Fund by 13.3% during the 1st quarter. Cetera Investment Advisers now owns 88,042 shares of the closed-end fund’s stock valued at $772,000 after acquiring an additional 10,345 shares during the period. LPL Financial LLC boosted its stake in Nuveen Municipal Value Fund by 10.1% during the first quarter. LPL Financial LLC now owns 1,154,702 shares of the closed-end fund’s stock worth $10,127,000 after acquiring an additional 106,291 shares in the last quarter. Finally, Modera Wealth Management LLC boosted its stake in Nuveen Municipal Value Fund by 30.6% during the first quarter. Modera Wealth Management LLC now owns 17,310 shares of the closed-end fund’s stock worth $152,000 after acquiring an additional 4,054 shares in the last quarter. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Down 0.4%

Shares of NYSE NUV opened at $9.07 on Thursday. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.38 and a fifty-two week high of $9.15. The company has a 50 day simple moving average of $9.01 and a two-hundred day simple moving average of $8.75.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be given a dividend of $0.0325 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, November 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.