Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Shares Down 0.2% – Time to Sell?

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) traded down 0.2% during mid-day trading on Tuesday . The company traded as low as $14.17 and last traded at $14.24. 15,432 shares were traded during trading, a decline of 63% from the average daily volume of 41,503 shares. The stock had previously closed at $14.27.

Nuveen AMT-Free Municipal Value Fund Price Performance

The stock’s 50 day simple moving average is $14.15 and its two-hundred day simple moving average is $14.28.

Nuveen AMT-Free Municipal Value Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a $0.0485 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, June 15th.

Hedge Funds Weigh In On Nuveen AMT-Free Municipal Value Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Guggenheim Capital LLC increased its position in Nuveen AMT-Free Municipal Value Fund by 7.2% in the fourth quarter. Guggenheim Capital LLC now owns 464,909 shares of the company’s stock worth $6,653,000 after buying an additional 31,049 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 16.2% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 398,786 shares of the company’s stock valued at $5,707,000 after buying an additional 55,579 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Nuveen AMT-Free Municipal Value Fund by 8.0% during the 3rd quarter. Raymond James Financial Inc. now owns 328,619 shares of the company’s stock valued at $4,660,000 after buying an additional 24,236 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of Nuveen AMT-Free Municipal Value Fund by 10.0% during the 4th quarter. Captrust Financial Advisors now owns 270,456 shares of the company’s stock worth $3,870,000 after acquiring an additional 24,666 shares during the period. Finally, LPL Financial LLC grew its stake in shares of Nuveen AMT-Free Municipal Value Fund by 12.7% during the 4th quarter. LPL Financial LLC now owns 211,245 shares of the company’s stock worth $3,023,000 after acquiring an additional 23,859 shares during the period.

Nuveen AMT-Free Municipal Value Fund Company Profile

Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) is a closed-end management investment company that seeks to provide shareholders with regular income exempt from federal alternative minimum tax. The fund primarily invests in municipal obligations issued by U.S. state and local governments, including general obligation bonds, revenue bonds and notes. By focusing on instruments that are free from federal AMT, the fund targets investors looking for tax-advantaged income in a structured, professionally managed vehicle.

Since its inception in September 2008, NUW has employed an active management approach, aiming to build a diversified portfolio of investment-grade municipal securities.