Venturi Wealth Management LLC Buys 18,418 Shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Venturi Wealth Management LLC increased its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 34.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,259 shares of the closed-end fund’s stock after buying an additional 18,418 shares during the period. Venturi Wealth Management LLC’s holdings in Nuveen Municipal Value Fund were worth $612,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of NUV. Private Trust Co. NA raised its stake in Nuveen Municipal Value Fund by 35.7% in the third quarter. Private Trust Co. NA now owns 5,698 shares of the closed-end fund’s stock worth $51,000 after buying an additional 1,500 shares in the last quarter. Barrett & Company Inc. increased its stake in shares of Nuveen Municipal Value Fund by 70.8% during the fourth quarter. Barrett & Company Inc. now owns 8,445 shares of the closed-end fund’s stock valued at $73,000 after purchasing an additional 3,500 shares in the last quarter. CWM LLC increased its stake in shares of Nuveen Municipal Value Fund by 204.5% during the third quarter. CWM LLC now owns 9,451 shares of the closed-end fund’s stock valued at $85,000 after purchasing an additional 6,347 shares in the last quarter. Narwhal Capital Management bought a new position in shares of Nuveen Municipal Value Fund during the fourth quarter valued at approximately $86,000. Finally, Radnor Capital Management LLC bought a new position in shares of Nuveen Municipal Value Fund during the third quarter valued at approximately $90,000. 22.50% of the stock is owned by institutional investors.

Nuveen Municipal Value Fund Stock Up 0.2 %

Shares of NYSE NUV opened at $8.89 on Thursday. Nuveen Municipal Value Fund, Inc. has a fifty-two week low of $8.35 and a fifty-two week high of $9.15. The company has a 50 day simple moving average of $8.70 and a two-hundred day simple moving average of $8.85.

Nuveen Municipal Value Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders 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 4.39%. The ex-dividend date is Friday, February 14th.

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.