Chicago Partners Investment Group LLC Sells 4,586 Shares of Nuveen Municipal Value Fund, Inc. $NUV

Chicago Partners Investment Group LLC cut its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 0.6% during the 2nd quarter, Holdings Channel reports. The firm owned 784,377 shares of the closed-end fund’s stock after selling 4,586 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Nuveen Municipal Value Fund were worth $6,636,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of NUV. Dumont & Blake Investment Advisors LLC grew its holdings in Nuveen Municipal Value Fund by 27.9% during the second quarter. Dumont & Blake Investment Advisors LLC now owns 16,217 shares of the closed-end fund’s stock worth $141,000 after purchasing an additional 3,538 shares during the period. Stratos Wealth Partners LTD. raised its stake in Nuveen Municipal Value Fund by 10.9% in the second quarter. Stratos Wealth Partners LTD. now owns 44,225 shares of the closed-end fund’s stock valued at $384,000 after buying an additional 4,340 shares during the period. Dynamic Financial Group lifted its position in shares of Nuveen Municipal Value Fund by 47.5% in the second quarter. Dynamic Financial Group now owns 153,522 shares of the closed-end fund’s stock valued at $1,334,000 after buying an additional 49,461 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of Nuveen Municipal Value Fund by 24.7% in the second quarter. Concurrent Investment Advisors LLC now owns 89,363 shares of the closed-end fund’s stock valued at $777,000 after buying an additional 17,693 shares during the last quarter. Finally, Coordinated Financial Services Inc. bought a new position in shares of Nuveen Municipal Value Fund during the 2nd quarter worth approximately $87,000. 22.50% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Price Performance

NUV stock opened at $9.07 on Friday. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.38 and a 1-year high of $9.13. The business’s 50 day simple moving average is $8.84 and its 200 day simple moving average is $8.68.

Nuveen Municipal Value Fund Announces Dividend

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

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.