Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Stock Price Passes Below 50 Day Moving Average of $10.87

Shares of 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 $10.87 and traded as low as $10.51. Nuveen Virginia Quality Municipal Income Fund shares last traded at $10.60, with a volume of 35,122 shares.

Nuveen Virginia Quality Municipal Income Fund Trading Up 0.7 %

The company’s fifty day moving average price is $10.87 and its two-hundred day moving average price is $10.56.

Nuveen Virginia Quality Municipal Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 1st. Investors of record on Monday, April 15th were issued a $0.045 dividend. The ex-dividend date was Friday, April 12th. This represents a $0.54 annualized dividend and a yield of 5.09%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of NPV. Fiera Capital Corp purchased a new position in Nuveen Virginia Quality Municipal Income Fund in the fourth quarter valued at approximately $3,876,000. Matisse Capital purchased a new position in Nuveen Virginia Quality Municipal Income Fund in the fourth quarter valued at approximately $1,619,000. Robinson Capital Management LLC acquired a new stake in Nuveen Virginia Quality Municipal Income Fund in the third quarter valued at approximately $931,000. AQR Arbitrage LLC acquired a new stake in Nuveen Virginia Quality Municipal Income Fund in the third quarter valued at approximately $587,000. Finally, Smith Salley & Associates acquired a new stake in Nuveen Virginia Quality Municipal Income Fund in the fourth quarter valued at approximately $496,000. Hedge funds and other institutional investors 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.