Pathway Financial Advisers LLC Has $556,000 Position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Pathway Financial Advisers LLC boosted its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 10.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,746 shares of the closed-end fund’s stock after buying an additional 6,345 shares during the period. Pathway Financial Advisers LLC’s holdings in Nuveen Municipal Value Fund were worth $556,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Rivernorth Capital Management LLC increased its position in shares of Nuveen Municipal Value Fund by 9.1% during the third quarter. Rivernorth Capital Management LLC now owns 7,420,686 shares of the closed-end fund’s stock worth $66,935,000 after acquiring an additional 618,364 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Nuveen Municipal Value Fund by 51.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,354,412 shares of the closed-end fund’s stock valued at $11,634,000 after purchasing an additional 457,422 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of Nuveen Municipal Value Fund by 4.4% during the fourth quarter. Van ECK Associates Corp now owns 1,237,733 shares of the closed-end fund’s stock valued at $10,632,000 after buying an additional 52,200 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new stake in Nuveen Municipal Value Fund during the third quarter worth $10,409,000. Finally, Chicago Partners Investment Group LLC raised its position in Nuveen Municipal Value Fund by 5.8% in the 4th quarter. Chicago Partners Investment Group LLC now owns 788,849 shares of the closed-end fund’s stock valued at $6,816,000 after buying an additional 43,377 shares during the last quarter. 22.50% of the stock is owned by institutional investors.

Nuveen Municipal Value Fund Stock Performance

Shares of NYSE:NUV opened at $8.81 on Thursday. The stock’s fifty day simple moving average is $8.71 and its two-hundred day simple moving average is $8.84. Nuveen Municipal Value Fund, Inc. has a 1-year low of $8.35 and a 1-year high of $9.15.

Nuveen Municipal Value Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a $0.0325 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend 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.