Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Shares Sold by Citizens National Bank Trust Department

Citizens National Bank Trust Department trimmed its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 6.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 174,975 shares of the closed-end fund’s stock after selling 12,650 shares during the quarter. Citizens National Bank Trust Department’s holdings in Nuveen Municipal Value Fund were worth $1,578,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of NUV. Janney Montgomery Scott LLC lifted its stake in Nuveen Municipal Value Fund by 26.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 154,417 shares of the closed-end fund’s stock valued at $1,345,000 after acquiring an additional 32,108 shares during the period. Oxbow Advisors LLC acquired a new stake in Nuveen Municipal Value Fund during the 1st quarter valued at approximately $129,000. ORG Partners LLC acquired a new stake in Nuveen Municipal Value Fund during the 1st quarter valued at approximately $84,000. Concurrent Investment Advisors LLC lifted its stake in Nuveen Municipal Value Fund by 180.0% during the 1st quarter. Concurrent Investment Advisors LLC now owns 40,743 shares of the closed-end fund’s stock valued at $355,000 after acquiring an additional 26,193 shares during the period. Finally, Capital Square LLC acquired a new stake in Nuveen Municipal Value Fund during the 1st quarter valued at approximately $311,000. 22.50% of the stock is currently owned by institutional investors and hedge funds.

Nuveen Municipal Value Fund Stock Performance

Shares of NYSE NUV opened at $8.91 on Monday. The company has a 50 day simple moving average of $8.99 and a two-hundred day simple moving average of $8.75. Nuveen Municipal Value Fund, Inc. has a 12 month low of $8.12 and a 12 month high of $9.15.

Nuveen Municipal Value Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were issued a dividend of $0.031 per share. This represents a $0.37 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend was Tuesday, October 15th.

Nuveen Municipal Value Fund 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.