The Nuveen Virginia Municipal Quality Income Fund (NYSE: NPV – Take Evaluation) saw a significant drop in short-term interest rates in April. As of April 15, there was a short interest, totaling 15,300 shares, a decline of 38.3% from the March 31 total of 24,800 shares. Based on an average trading volume of 25,000 shares, the coverage ratio is currently 0.6 days.
Nuveen Income Fund Virginia quality municipal shares traded at $ 0.08 Friday trading time, reaching $ 12.51. The stock had a trading volume of 36,431 shares, compared to the average volume of 29973. Nuveen Income Fund Virginia Municipal Quality has a 52 week low of $ 12.21 and a 52 week high of $ 17.93. The company has an average price of 50 days on the move of $ 13.57 and an average price of 200 days on the move of $ 15.05.
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The business also recently unveiled a monthly dividend, which will be paid on Monday two-05. Registered shareholders will be given a dividend of $ 0.0485 per share on Thursday, April 14th. The ex-dividend date of this dividend is Wednesday, the thirteenth / 04. This represents an annualized dividend of $ 0.58 and a dividend yield of 4.65%.
Institutional investors have recently made changes to their positions within the company. Morgan Stanley increased its stake in municipal quality Nuveen Virginia Income Fund by 8.1% in the third quarter. Morgan Stanley now owns 153,078 shares of financial services provider worth $ 2,547,000 after buying an additional 11,479 shares during the period. UBS AG Group increased its stake in Nuveen Virginia’s municipal-grade Income Fund by 18.6% in the third quarter. UBS AG Group now owns $ 121,010 worth of financial services provider $ 2014,000 after acquiring another 18,945 shares during the period. Bank of America Corp DE shares a 2.9% stake in Nuveen Virginia’s Income Fund Virginia shares in the 4th quarter. during the period. Truist Financial Corp. increased its stake in Nuveen Virginia’s municipal-grade Income Fund by 4.3% in the first quarter. Truist Financial Corp now owns 72,848 shares worth $ 1036,000 to the financial services provider after acquiring another 3,025 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in Nuveen Virginia Municipal Income Fund shares by 1.5% in the 4th quarter. Janney Montgomery Scott LLC now holds 65,338 shares worth $ 1,112,000 to the financial services provider after which bought an additional 965 shares in the last quarter. 6.58% of the stock is currently held by institutional investors and hedge funds.
About the Fund (Get Evaluation) Nuveen Virginia Quality Municipal Revenue
Nuveen Income Fund Virginia Municipal Quality is a closed-end fund with joint fixed income launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Advisors LLC and Nuveen Asset Management, LLC. It invests in Virginia’s fixed income financial markets. The fund invests primarily in Baa / BBB or better rated municipal securities.
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