Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV - Get Free Report)'s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $11.27 and traded as low as $10.91. Nuveen Virginia Quality Municipal Income Fund shares last traded at $10.93, with a volume of 59,534 shares trading hands.
Nuveen Virginia Quality Municipal Income Fund Price Performance
The company's 50 day moving average is $11.27 and its 200 day moving average is $11.39.
Nuveen Virginia Quality Municipal Income Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.0615 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, August 14th.
Hedge Funds Weigh In On Nuveen Virginia Quality Municipal Income Fund
Hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its holdings in Nuveen Virginia Quality Municipal Income Fund by 5.0% in the 1st quarter. Royal Bank of Canada now owns 26,514 shares of the financial services provider's stock valued at $300,000 after acquiring an additional 1,268 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 8.8% during the 1st quarter. Cetera Investment Advisers now owns 11,327 shares of the financial services provider's stock worth $128,000 after purchasing an additional 917 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 7.1% during the 1st quarter. D.A. Davidson & CO. now owns 19,089 shares of the financial services provider's stock worth $216,000 after purchasing an additional 1,272 shares in the last quarter. Canal Capital Management LLC grew its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 11.6% during the 1st quarter. Canal Capital Management LLC now owns 27,039 shares of the financial services provider's stock worth $306,000 after purchasing an additional 2,810 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of Nuveen Virginia Quality Municipal Income Fund by 7.4% in the first quarter. Private Advisor Group LLC now owns 33,681 shares of the financial services provider's stock worth $382,000 after purchasing an additional 2,314 shares during the period. Institutional investors own 11.68% of the company's stock.
About Nuveen Virginia Quality Municipal Income Fund
(
Get Free Report)
Nuveen Virginia Quality Municipal Income Fund NYSE: NPV is a closed-end investment company advised by Nuveen Asset Management. The fund's primary objective is to provide shareholders with high current income exempt from federal and Virginia state personal income taxes by investing in a diversified portfolio of municipal debt securities.
The portfolio is focused on investment-grade municipal bonds issued by the Commonwealth of Virginia and its political subdivisions, including general obligation bonds and revenue bonds financing education, transportation, public utilities and other essential infrastructure.
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