Nuveen Municipal Value Fund Inc (NUV) : Cleary Gull Holdings added new position in Nuveen Municipal Value Fund Inc during the most recent quarter end. The investment management firm now holds 43,000 shares of Nuveen Municipal Value Fund Inc which is valued at $454,080 , the company said in a statement filed on May 9, 2016 with the SEC.Nuveen Municipal Value Fund Inc makes up approximately 0.31% of Cleary Gull Holdings’s portfolio.
Other Hedge Funds, Including , Investors Capital Advisory Services reduced its stake in NUV by selling 900 shares or 5.7% in the most recent quarter. The Hedge Fund company now holds 14,883 shares of NUV which is valued at $157,164. Nuveen Municipal Value Fund Inc makes up approx 0.03% of Investors Capital Advisory Services’s portfolio.Cambridge Investment Research Advisors boosted its stake in NUV in the latest quarter, The investment management firm added 4,148 additional shares and now holds a total of 313,410 shares of Nuveen Municipal Value Fund Inc which is valued at $3,300,207. Nuveen Municipal Value Fund Inc makes up approx 0.07% of Cambridge Investment Research Advisors’s portfolio.
Nuveen Municipal Value Fund Inc (NUV) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $10.54 and reached the intraday high at $10.56. The bulls started the profit booking and pushed the shares to intraday low of $10.54. The trading session was marked by a volume range of 1,51,690 shares exchanging hands. The 52-week high of the shares is $10.6 and the 52-week low is $9.2801. The market cap of the company stands at $2,059 M and there are 19,49,60,000 shares in public circulation.
Nuveen Municipal Value Fund Inc. is a closed-end fund. The Fund’s primary objective is current income exempt from federal income taxes and its secondary objective is the enhancement of portfolio value through selection of tax-exempt bonds and municipal market sectors. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment or if they are unrated are judged by the manager to be of comparable quality. The Funds use of tender option bonds implement its investment strategy may create up to 10% effective leverage. Nuveen Asset Management LLC is the subadviser to the Fund.