Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Shares Pass Below 50 Day Moving Average of $10.93

Shares of Nuveen Virginia Quality Municipal Income Fund (NYSE:NPVGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $10.93 and traded as low as $10.60. Nuveen Virginia Quality Municipal Income Fund shares last traded at $10.65, with a volume of 43,979 shares changing hands.

Nuveen Virginia Quality Municipal Income Fund Stock Up 0.4 %

The stock’s fifty day moving average price is $10.93 and its 200-day moving average price is $10.48.

Nuveen Virginia Quality Municipal Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be issued a $0.045 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 5.07%.

Institutional Investors Weigh In On Nuveen Virginia Quality Municipal Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of NPV. Fiera Capital Corp bought a new stake in shares of Nuveen Virginia Quality Municipal Income Fund in the 4th quarter valued at about $3,876,000. Matisse Capital bought a new position in Nuveen Virginia Quality Municipal Income Fund in the 4th quarter valued at about $1,619,000. Robinson Capital Management LLC bought a new position in Nuveen Virginia Quality Municipal Income Fund in the 3rd quarter valued at about $931,000. AQR Arbitrage LLC bought a new position in Nuveen Virginia Quality Municipal Income Fund in the 3rd quarter valued at about $587,000. Finally, Smith Salley & Associates bought a new position in Nuveen Virginia Quality Municipal Income Fund in the 4th quarter valued at about $496,000. 11.68% of the stock is owned by institutional investors.

About Nuveen Virginia Quality Municipal Income Fund

(Get Free Report)

Nuveen Virginia Quality Municipal Income Fund 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 Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.

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