Ownership Action Report: Institutional Investors Are Selling Nuveen Virginia Premium Income Municipal Fund (NYSE:NPV)

November 16, 2016 - By Ellis Scott   ·   0 Comments

Ownership Action Report: Institutional Investors Are Selling Nuveen Virginia Premium Income Municipal Fund (NYSE:NPV)

Sentiment for Nuveen Virginia Premium Income Municipal Fund (NYSE:NPV)

Nuveen Virginia Premium Income Municipal Fund (NYSE:NPV) institutional sentiment decreased to 0.54 in Q2 2016. Its down -0.86, from 1.4 in 2016Q1. The ratio is negative, as 7 investment managers increased and started new equity positions, while 13 decreased and sold stakes in Nuveen Virginia Premium Income Municipal Fund. The investment managers in our partner’s database reported: 628,910 shares, down from 796,399 shares in 2016Q1. Also, the number of investment managers holding Nuveen Virginia Premium Income Municipal Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 10 Increased: 6 New Position: 1.

Nuveen Virginia Premium Income Municipal Fund is a diversified, closed-end management investment company. The company has a market cap of $239.96 million. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain United States territories. It currently has negative earnings. It seeks to provide attractive monthly tax-free income, portfolio diversification and attractive after tax total returns.

About 30,962 shares traded hands or 22.64% up from the average. Nuveen Va Premium Income Municipal Fund (NYSE:NPV) has declined 7.12% since April 14, 2016 and is downtrending. It has underperformed by 11.81% the S&P500.

Tci Wealth Advisors Inc. holds 0.06% of its portfolio in Nuveen Va Premium Income Municipal Fund for 6,916 shares. Brick & Kyle Associates owns 2,840 shares or 0.03% of their US portfolio. Moreover, Oxbow Advisors Llc has 0.02% invested in the company for 10,325 shares. The Virginia-based Bb&T Securities Llc has invested 0.01% in the stock. Cambridge Investment Research Advisors Inc., a Iowa-based fund reported 16,808 shares.#img1#

More important recent Nuveen Va Premium Income Municipal Fund (NYSE:NPV) news were published by: Marketwatch.com which released: “Nuveen Virginia Premium Income Municipal Fund downgraded to hold from buy at …” on February 13, 2006, also Businesswire.com published article titled: “Nuveen Announces Update to Closed-End Fund Portfolio Management Team”, Businesswire.com published: “Several Nuveen Closed-End Funds Announce Updated Portfolio Manager Teams” on January 03, 2011. More interesting news about Nuveen Va Premium Income Municipal Fund (NYSE:NPV) was released by: Businesswire.com and their article: “Nuveen Announces Results of Closed-End Fund Shareholder Meetings” with publication date: August 19, 2014.

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By Ellis Scott


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