Cahill Financial Advisors Inc. Invests $112,000 in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Cahill Financial Advisors Inc. bought a new stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,993 shares of the closed-end fund’s stock, valued at approximately $112,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NUV. Good Life Advisors LLC increased its holdings in shares of Nuveen Municipal Value Fund by 2.9% during the fourth quarter. Good Life Advisors LLC now owns 41,961 shares of the closed-end fund’s stock valued at $360,000 after acquiring an additional 1,186 shares in the last quarter. Mariner LLC increased its stake in Nuveen Municipal Value Fund by 2.5% during the 4th quarter. Mariner LLC now owns 56,910 shares of the closed-end fund’s stock valued at $489,000 after purchasing an additional 1,390 shares in the last quarter. Optimum Investment Advisors raised its holdings in Nuveen Municipal Value Fund by 3.0% during the fourth quarter. Optimum Investment Advisors now owns 51,200 shares of the closed-end fund’s stock worth $440,000 after buying an additional 1,500 shares during the last quarter. Roman Butler Fullerton & Co. lifted its stake in shares of Nuveen Municipal Value Fund by 1.1% in the fourth quarter. Roman Butler Fullerton & Co. now owns 175,887 shares of the closed-end fund’s stock valued at $1,537,000 after buying an additional 1,910 shares in the last quarter. Finally, Moloney Securities Asset Management LLC grew its holdings in shares of Nuveen Municipal Value Fund by 10.2% during the fourth quarter. Moloney Securities Asset Management LLC now owns 22,039 shares of the closed-end fund’s stock valued at $189,000 after buying an additional 2,039 shares during the last quarter. 22.50% of the stock is owned by institutional investors.

Nuveen Municipal Value Fund Price Performance

NYSE:NUV opened at $8.65 on Tuesday. Nuveen Municipal Value Fund, Inc. has a one year low of $7.91 and a one year high of $9.15. The firm has a 50-day moving average of $8.68 and a 200-day moving average of $8.75.

Nuveen Municipal Value Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.0325 per share. This represents a $0.39 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date is Thursday, May 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.