CENTRAL TRUST Co Has $249,000 Stock Position in Nuveen Municipal Value Fund, Inc. (NYSE:NUV)

CENTRAL TRUST Co cut its holdings in shares of Nuveen Municipal Value Fund, Inc. (NYSE:NUV) by 11.0% in the fourth quarter, HoldingsChannel reports. The fund owned 29,021 shares of the closed-end fund’s stock after selling 3,600 shares during the quarter. CENTRAL TRUST Co’s holdings in Nuveen Municipal Value Fund were worth $249,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Private Trust Co. NA boosted its position in Nuveen Municipal Value Fund by 35.7% during the 3rd quarter. Private Trust Co. NA now owns 5,698 shares of the closed-end fund’s stock worth $51,000 after acquiring an additional 1,500 shares during the period. Sheaff Brock Investment Advisors LLC boosted its position in Nuveen Municipal Value Fund by 12.1% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 14,800 shares of the closed-end fund’s stock worth $133,000 after acquiring an additional 1,600 shares during the period. Good Life Advisors LLC boosted its position in Nuveen Municipal Value Fund by 5.5% during the 3rd quarter. Good Life Advisors LLC now owns 40,775 shares of the closed-end fund’s stock worth $368,000 after acquiring an additional 2,135 shares during the period. Venturi Wealth Management LLC boosted its position in Nuveen Municipal Value Fund by 6.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 52,841 shares of the closed-end fund’s stock worth $477,000 after acquiring an additional 3,148 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in Nuveen Municipal Value Fund by 2.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 169,053 shares of the closed-end fund’s stock worth $1,452,000 after acquiring an additional 4,770 shares during the period. 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 $8.84 on Wednesday. Nuveen Municipal Value Fund, Inc. has a one year low of $8.35 and a one year high of $9.15. The business has a 50-day moving average price of $8.72 and a two-hundred day moving average price of $8.84.

Nuveen Municipal Value Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.0325 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.39 annualized dividend and a dividend yield of 4.41%.

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.