Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV - Get Free Report) announced a monthly dividend on Monday, April 1st, Wall Street Journal reports. Investors of record on Monday, April 15th will be given a dividend of 0.045 per share by the financial services provider on Wednesday, May 1st. This represents a $0.54 annualized dividend and a dividend yield of 4.92%. The ex-dividend date of this dividend is Friday, April 12th.
Nuveen Virginia Quality Municipal Income Fund Price Performance
Shares of NYSE:NPV traded down $0.06 during midday trading on Wednesday, hitting $10.97. The company had a trading volume of 34,798 shares, compared to its average volume of 35,619. Nuveen Virginia Quality Municipal Income Fund has a twelve month low of $8.92 and a twelve month high of $11.55. The business's 50-day simple moving average is $10.96 and its 200-day simple moving average is $10.41.
Institutional Investors Weigh In On Nuveen Virginia Quality Municipal Income Fund
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its stake in Nuveen Virginia Quality Municipal Income Fund by 7.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 40,253 shares of the financial services provider's stock worth $434,000 after acquiring an additional 2,939 shares during the last quarter. Royal Bank of Canada increased its stake in Nuveen Virginia Quality Municipal Income Fund by 22.4% during the third quarter. Royal Bank of Canada now owns 32,305 shares of the financial services provider's stock worth $307,000 after acquiring an additional 5,906 shares during the last quarter. MML Investors Services LLC acquired a new stake in Nuveen Virginia Quality Municipal Income Fund during the second quarter worth $128,000. Steward Partners Investment Advisory LLC increased its stake in Nuveen Virginia Quality Municipal Income Fund by 19.6% during the first quarter. Steward Partners Investment Advisory LLC now owns 6,220 shares of the financial services provider's stock worth $71,000 after acquiring an additional 1,020 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Nuveen Virginia Quality Municipal Income Fund by 9.0% during the first quarter. Bank of America Corp DE now owns 53,679 shares of the financial services provider's stock worth $612,000 after acquiring an additional 4,446 shares during the last quarter. Institutional investors and hedge funds 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.
See Also
Before you consider Nuveen Virginia Quality Municipal Income Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen Virginia Quality Municipal Income Fund wasn't on the list.
While Nuveen Virginia Quality Municipal Income Fund currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
