Narwhal Capital Management Has $227,000 Stock Position in Nuveen Municipal Value Fund, Inc. $NUV

Narwhal Capital Management increased its position in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 105.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,100 shares of the closed-end fund’s stock after purchasing an additional 13,375 shares during the quarter. Narwhal Capital Management’s holdings in Nuveen Municipal Value Fund were worth $227,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in NUV. Ameritas Advisory Services LLC acquired a new stake in shares of Nuveen Municipal Value Fund during the 2nd quarter worth about $33,000. Farther Finance Advisors LLC increased its position in 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 acquiring an additional 2,836 shares in the last quarter. Dagco Inc. acquired a new stake in Nuveen Municipal Value Fund in the 1st quarter valued at about $42,000. EQ Wealth Advisors LLC acquired a new stake in Nuveen Municipal Value Fund in the 1st quarter valued at about $45,000. Finally, Flagship Wealth Advisors LLC increased its position in Nuveen Municipal Value Fund by 80.0% in the 1st quarter. Flagship Wealth Advisors LLC now owns 5,625 shares of the closed-end fund’s stock valued at $49,000 after acquiring an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 22.50% of the company’s stock.

Nuveen Municipal Value Fund Stock Performance

NUV opened at $8.98 on Thursday. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.38 and a 1-year high of $9.15. The firm has a 50-day moving average price of $8.78 and a two-hundred day moving average price of $8.67.

Nuveen Municipal Value Fund Announces Dividend

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

About Nuveen Municipal Value Fund

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.