Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $12.46 and traded as low as $12.08. Nuveen Virginia Quality Municipal Income Fund shares last traded at $12.10, with a volume of 9,470 shares traded.

Nuveen Virginia Quality Municipal Income Fund Trading Down 0.3 %

The firm’s fifty day moving average price is $12.46 and its 200-day moving average price is $12.78.

Nuveen Virginia Quality Municipal Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a dividend of $0.072 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.86 annualized dividend and a yield of 7.14%.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

Institutional investors have recently modified their holdings of the company. Elequin Capital LP acquired a new position in shares of Nuveen Virginia Quality Municipal Income Fund in the fourth quarter valued at $32,000. Cary Street Partners Financial LLC bought a new stake in Nuveen Virginia Quality Municipal Income Fund in the 4th quarter valued at $207,000. XML Financial LLC raised its stake in shares of Nuveen Virginia Quality Municipal Income Fund by 49.5% in the 4th quarter. XML Financial LLC now owns 22,946 shares of the financial services provider’s stock valued at $290,000 after buying an additional 7,596 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of Nuveen Virginia Quality Municipal Income Fund by 10.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 22,951 shares of the financial services provider’s stock worth $290,000 after acquiring an additional 2,200 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in shares of Nuveen Virginia Quality Municipal Income Fund by 34.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 46,594 shares of the financial services provider’s stock valued at $589,000 after acquiring an additional 12,058 shares in the last quarter. Institutional investors and hedge funds own 11.68% of the company’s stock.

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.