Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Shares of Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $12.95 and traded as low as $12.57. Nuveen Virginia Quality Municipal Income Fund shares last traded at $12.62, with a volume of 41,637 shares traded.

Nuveen Virginia Quality Municipal Income Fund Trading Up 0.2 %

The firm’s 50-day moving average price is $12.95 and its 200 day moving average price is $12.62.

Nuveen Virginia Quality Municipal Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th were given a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a dividend yield of 6.85%. The ex-dividend date was Wednesday, January 15th.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

Several hedge funds have recently bought and sold shares of NPV. XML Financial LLC grew its position in 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 purchasing an additional 7,596 shares during the period. Atria Wealth Solutions Inc. grew its position in Nuveen Virginia Quality Municipal Income Fund by 10.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 22,951 shares of the financial services provider’s stock valued at $290,000 after purchasing an additional 2,200 shares during the period. Janney Montgomery Scott LLC grew its position in Nuveen Virginia Quality Municipal Income Fund by 34.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 46,594 shares of the financial services provider’s stock valued at $589,000 after purchasing an additional 12,058 shares during the period. Finally, DAVENPORT & Co LLC grew its position in Nuveen Virginia Quality Municipal Income Fund by 12.1% in the 4th quarter. DAVENPORT & Co LLC now owns 224,754 shares of the financial services provider’s stock valued at $2,843,000 after purchasing an additional 24,338 shares during the period. 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.