Pathway Financial Advisers LLC Buys 6,345 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Pathway Financial Advisers LLC lifted its stake in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 10.9% in the 4th quarter, HoldingsChannel reports. The firm owned 64,746 shares of the closed-end fund’s stock after buying an additional 6,345 shares during the quarter. Pathway Financial Advisers LLC’s holdings in Nuveen Municipal Value Fund were worth $556,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Private Trust Co. NA grew its holdings in 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 valued at $51,000 after purchasing an additional 1,500 shares during the period. Sheaff Brock Investment Advisors LLC lifted its position in shares of Nuveen Municipal Value Fund by 12.1% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 14,800 shares of the closed-end fund’s stock valued at $133,000 after buying an additional 1,600 shares during the last quarter. Moloney Securities Asset Management LLC grew its stake in shares of Nuveen Municipal Value Fund by 10.2% during the 4th quarter. Moloney Securities Asset Management LLC now owns 22,039 shares of the closed-end fund’s stock worth $189,000 after acquiring an additional 2,039 shares during the period. Good Life Advisors LLC increased its holdings in Nuveen Municipal Value Fund by 5.5% in the 3rd quarter. Good Life Advisors LLC now owns 40,775 shares of the closed-end fund’s stock worth $368,000 after acquiring an additional 2,135 shares during the last quarter. Finally, Seamount Financial Group Inc. increased its holdings in Nuveen Municipal Value Fund by 5.0% in the 4th quarter. Seamount Financial Group Inc. now owns 48,002 shares of the closed-end fund’s stock worth $412,000 after acquiring an additional 2,300 shares during the last quarter. Institutional investors own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

Shares of Nuveen Municipal Value Fund stock opened at $8.81 on Thursday. Nuveen Municipal Value Fund, Inc. has a 52-week low of $8.35 and a 52-week high of $9.15. The stock’s 50-day simple moving average is $8.71 and its 200 day simple moving average is $8.84.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date is Friday, February 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.