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

Shares of Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV - Get Free Report) were up 0.1% during trading on Wednesday following a dividend announcement from the company. The company traded as high as $11.16 and last traded at $11.16. Approximately 12,005 shares traded hands during mid-day trading, a decline of 66% from the average daily 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 given a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 7.76%. The ex-dividend date is Friday, June 13th.

Nuveen Virginia Quality Municipal Income Fund Stock Down 0.1%

The business's 50-day moving average price is $11.18 and its 200-day moving average price is $12.17.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

A number of hedge funds have recently made changes to their positions in the stock. Atria Wealth Solutions Inc. lifted its position in shares of Nuveen Virginia Quality Municipal Income Fund by 10.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 22,951 shares of the financial services provider's stock worth $290,000 after purchasing an additional 2,200 shares in the last quarter. Elequin Capital LP bought a new position in Nuveen Virginia Quality Municipal Income Fund during the fourth quarter valued at approximately $32,000. Spire Wealth Management raised its position in Nuveen Virginia Quality Municipal Income Fund by 42.8% during the first quarter. Spire Wealth Management now owns 10,007 shares of the financial services provider's stock valued at $119,000 after acquiring an additional 3,000 shares in the last quarter. Cornerstone Advisory LLC raised its position in Nuveen Virginia Quality Municipal Income Fund by 50.0% during the first quarter. Cornerstone Advisory LLC now owns 15,000 shares of the financial services provider's stock valued at $169,000 after acquiring an additional 5,000 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its position in Nuveen Virginia Quality Municipal Income Fund by 3.8% during the first quarter. DAVENPORT & Co LLC now owns 233,306 shares of the financial services provider's stock valued at $2,786,000 after acquiring an additional 8,552 shares in the last quarter. 11.68% of the stock is owned by hedge funds and other institutional investors.

Nuveen Virginia Quality Municipal Income Fund Company Profile

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.