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Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Trading Up 0.1% Following Dividend Announcement

Nuveen Virginia Quality Municipal Income Fund logo with Finance background

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV - Get Free Report)'s stock price traded up 0.1% during mid-day trading on Wednesday following a dividend announcement from the company. The company traded as high as $11.16 and last traded at $11.16. 12,005 shares traded hands during trading, a decline of 66% from the average session volume of 35,260 shares. The stock had previously closed at $11.15.The newly announced dividend which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be paid a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 7.74%. The ex-dividend date is Friday, June 13th.

Nuveen Virginia Quality Municipal Income Fund Trading Up 0.1%

The stock has a 50-day moving average of $11.22 and a 200 day moving average of $12.21.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

Several large investors have recently made changes to their positions in the business. Elequin Capital LP bought a new position in shares of Nuveen Virginia Quality Municipal Income Fund in the fourth quarter worth about $32,000. Bessemer Group Inc. bought a new position in shares of Nuveen Virginia Quality Municipal Income Fund in the 1st quarter valued at about $115,000. Spire Wealth Management grew its position in shares of Nuveen Virginia Quality Municipal Income Fund by 42.8% during the 1st quarter. Spire Wealth Management now owns 10,007 shares of the financial services provider's stock worth $119,000 after buying an additional 3,000 shares during the period. Burke & Herbert Bank & Trust Co. bought a new stake in shares of Nuveen Virginia Quality Municipal Income Fund during the first quarter worth approximately $124,000. Finally, Cornerstone Advisory LLC lifted its holdings in Nuveen Virginia Quality Municipal Income Fund by 50.0% in the first quarter. Cornerstone Advisory LLC now owns 15,000 shares of the financial services provider's stock valued at $169,000 after buying an additional 5,000 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 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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