Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV - Get Free Report) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 44,300 shares, an increase of 19.1% from the February 13th total of 37,200 shares. Based on an average daily volume of 30,200 shares, the short-interest ratio is presently 1.5 days. Currently, 0.2% of the company's stock are short sold.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in shares of Nuveen Virginia Quality Municipal Income Fund during the 4th quarter worth approximately $1,036,000. Wells Fargo & Company MN increased its holdings in Nuveen Virginia Quality Municipal Income Fund by 17.3% during the fourth quarter. Wells Fargo & Company MN now owns 221,615 shares of the financial services provider's stock worth $2,803,000 after buying an additional 32,719 shares during the last quarter. DAVENPORT & Co LLC raised its position in Nuveen Virginia Quality Municipal Income Fund by 12.1% during the fourth quarter. DAVENPORT & Co LLC now owns 224,754 shares of the financial services provider's stock worth $2,843,000 after acquiring an additional 24,338 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in Nuveen Virginia Quality Municipal Income Fund in the fourth quarter valued at $207,000. Finally, Janney Montgomery Scott LLC grew its position in shares of 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 acquiring an additional 12,058 shares during the period. 11.68% of the stock is owned by institutional investors and hedge funds.
Nuveen Virginia Quality Municipal Income Fund Stock Up 0.3 %
NPV stock traded up $0.04 during midday trading on Friday, hitting $12.18. The company's stock had a trading volume of 27,308 shares, compared to its average volume of 35,209. The company's fifty day moving average price is $12.49 and its 200 day moving average price is $12.78. Nuveen Virginia Quality Municipal Income Fund has a twelve month low of $10.47 and a twelve month high of $13.72.
Nuveen Virginia Quality Municipal Income Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued 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 7.09%.
Nuveen Virginia Quality Municipal Income Fund Company Profile
(
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.
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