Shares of Nuveen AMT-Free Municipal Value Fund (NUV) Sees Large Inflow of Net Money Flow

Nuveen AMT-Free Municipal Value Fund (NUV) : Nuveen AMT-Free Municipal Value Fund (NUV) had a healthy money flow of $0.21 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $0.26 million, whereas, investors only sold shares worth $0.05 million on downticks. The stock closed the day with an up-down ratio of 4.83.The money flow in the block trades to the tune of $0.14 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.14 million worth of transactions were on upticks. Nuveen AMT-Free Municipal Value Fund (NUV) stock slid $0 intraday and traded at 10.7, a change of -0.03% over previous days close. However, for the week, the company shares are 0.91% compared to previous weeks close.


The company Insiders own 1% of Nuveen AMT-Free Municipal Value Fund shares according to the proxy statements. Institutional Investors own 9.66% of Nuveen AMT-Free Municipal Value Fund shares.

Nuveen AMT-Free Municipal Value Fund (NYSE:NUV): stock was range-bound between the intraday low of $10.65 and the intraday high of $10.72 after having opened at $10.71 on Fridays session. The stock finally closed in the red at $10.71, a loss of -0.47%. The stock remained in the red for the whole trading day. The total traded volume was 239,751 shares. The stock failed to cross $10.72 in Fridays trading. The stocks closing price on Thursday was $10.7.

Nuveen AMT-Free Municipal Value Fund (NUV) : During the past 4 weeks, traders have been relatively bearish on Nuveen AMT-Free Municipal Value Fund (NUV), hence the stock is down -0.71% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.03% relative to the S&P 500. The stock has risen by 0.47% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.84% in the past 4 weeks.

Nuveen Municipal Value Fund, Inc. is a closed-end fund. The Funds 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.

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