Shares of Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV - Get Free Report) were up 0.1% on Monday . The stock traded as high as $11.33 and last traded at $11.31. Approximately 57,513 shares changed hands during trading, an increase of 63% from the average daily volume of 35,216 shares. The stock had previously closed at $11.30.
Nuveen Virginia Quality Municipal Income Fund Stock Up 0.1%
The company has a 50-day simple moving average of $11.21 and a two-hundred day simple moving average of $11.86.
Nuveen Virginia Quality Municipal Income Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be paid a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a yield of 7.64%. The ex-dividend date is Tuesday, July 15th.
Hedge Funds Weigh In On Nuveen Virginia Quality Municipal Income Fund
Several hedge funds have recently modified their holdings of the company. Elequin Capital LP bought a new stake in shares of Nuveen Virginia Quality Municipal Income Fund during the 4th quarter worth $32,000. Bessemer Group Inc. purchased a new stake in shares of Nuveen Virginia Quality Municipal Income Fund during the first quarter valued at $115,000. Spire Wealth Management boosted its position in shares of Nuveen Virginia Quality Municipal Income Fund by 42.8% in the 1st quarter. Spire Wealth Management now owns 10,007 shares of the financial services provider's stock valued at $119,000 after purchasing an additional 3,000 shares during the period. Burke & Herbert Bank & Trust Co. purchased a new position in Nuveen Virginia Quality Municipal Income Fund in the 1st quarter worth about $124,000. Finally, Virtu Financial LLC acquired a new stake in Nuveen Virginia Quality Municipal Income Fund during the 1st quarter worth about $170,000. 11.68% of the stock is currently owned by institutional investors and hedge funds.
Nuveen Virginia Quality Municipal Income Fund Company Profile
(
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.
Further Reading
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