Bar Harbor Trust Services Lowers stake in Nuveen Municipal Value Fund Inc (NUV)

Nuveen Municipal Value Fund Inc (NUV) : Bar Harbor Trust Services reduced its stake in Nuveen Municipal Value Fund Inc by 0.63% during the most recent quarter end. The investment management company now holds a total of 643,019 shares of Nuveen Municipal Value Fund Inc which is valued at $6,918,884 after selling 4,049 shares in Nuveen Municipal Value Fund Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Nuveen Municipal Value Fund Inc makes up approximately 3.38% of Bar Harbor Trust Services’s portfolio.

Other Hedge Funds, Including , Partners Capital Investment Group reduced its stake in NUV by selling 2,757 shares or 26.44% in the most recent quarter. The Hedge Fund company now holds 7,671 shares of NUV which is valued at $82,540. Nuveen Municipal Value Fund Inc makes up approx 0.02% of Partners Capital Investment Group’s portfolio.Brick Kyle Associates boosted its stake in NUV in the latest quarter, The investment management firm added 7,550 additional shares and now holds a total of 11,350 shares of Nuveen Municipal Value Fund Inc which is valued at $121,899. Nuveen Municipal Value Fund Inc makes up approx 0.10% of Brick Kyle Associates’s portfolio. Rmb Capital Management added NUV to its portfolio by purchasing 47,988 company shares during the most recent quarter which is valued at $516,351. Nuveen Municipal Value Fund Inc makes up approx 0.04% of Rmb Capital Management’s portfolio.Creative Planning reduced its stake in NUV by selling 2,506 shares or 13.91% in the most recent quarter. The Hedge Fund company now holds 15,515 shares of NUV which is valued at $162,752.Davenport Co reduced its stake in NUV by selling 629 shares or 0.6% in the most recent quarter. The Hedge Fund company now holds 104,075 shares of NUV which is valued at $1,091,747. Nuveen Municipal Value Fund Inc makes up approx 0.02% of Davenport Co’s portfolio.

Nuveen Municipal Value Fund Inc closed down -0.08 points or -0.75% at $10.65 with 3,24,942 shares getting traded on Tuesday. Post opening the session at $10.75, the shares hit an intraday low of $10.64 and an intraday high of $10.77 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

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 Fund’s 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.

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