Roman Butler Fullerton & Co. Increases Stock Holdings in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

Roman Butler Fullerton & Co. increased its stake in Nuveen Municipal Value Fund, Inc. (NYSE:NUV - Free Report) by 26.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 222,242 shares of the closed-end fund's stock after purchasing an additional 46,355 shares during the quarter. Nuveen Municipal Value Fund makes up approximately 0.7% of Roman Butler Fullerton & Co.'s portfolio, making the stock its 28th biggest holding. Roman Butler Fullerton & Co.'s holdings in Nuveen Municipal Value Fund were worth $1,898,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Hennion & Walsh Asset Management Inc. lifted its stake in Nuveen Municipal Value Fund by 27.2% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 1,722,971 shares of the closed-end fund's stock worth $15,110,000 after purchasing an additional 368,559 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of Nuveen Municipal Value Fund in the 4th quarter worth about $548,000. Steward Partners Investment Advisory LLC boosted its position in shares of Nuveen Municipal Value Fund by 17.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 115,846 shares of the closed-end fund's stock worth $995,000 after purchasing an additional 16,991 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Nuveen Municipal Value Fund by 39.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 13,988 shares of the closed-end fund's stock worth $120,000 after purchasing an additional 3,988 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new position in Nuveen Municipal Value Fund in the 4th quarter worth approximately $356,000. Hedge funds and other institutional investors own 22.50% of the company's stock.

Nuveen Municipal Value Fund Stock Down 0.1%

Shares of Nuveen Municipal Value Fund stock traded down $0.01 on Thursday, reaching $8.53. The company's stock had a trading volume of 399,345 shares, compared to its average volume of 481,220. Nuveen Municipal Value Fund, Inc. has a 52 week low of $8.38 and a 52 week high of $9.15. The firm's fifty day simple moving average is $8.58 and its two-hundred day simple moving average is $8.68.

Nuveen Municipal Value Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be issued a dividend of $0.0325 per share. The ex-dividend date is Friday, June 13th. This represents a $0.39 annualized dividend and a dividend yield of 4.57%.

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.