Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Declares $0.06 Monthly Dividend

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) declared a monthly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be given a dividend of 0.0615 per share by the financial services provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Friday, August 14th.

Nuveen Virginia Quality Municipal Income Fund Price Performance

NYSE NPV opened at $10.74 on Tuesday. The business’s fifty day moving average is $11.33 and its 200 day moving average is $11.40. Nuveen Virginia Quality Municipal Income Fund has a twelve month low of $10.73 and a twelve month high of $11.81.

Hedge Funds Weigh In On Nuveen Virginia Quality Municipal Income Fund

Institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its position in Nuveen Virginia Quality Municipal Income Fund by 351.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,350 shares of the financial services provider’s stock valued at $83,000 after acquiring an additional 5,721 shares in the last quarter. Brown Advisory Inc. bought a new position in Nuveen Virginia Quality Municipal Income Fund during the second quarter valued at $124,000. Bank of America Corp DE grew its stake in shares of Nuveen Virginia Quality Municipal Income Fund by 11.6% during the 3rd quarter. Bank of America Corp DE now owns 63,121 shares of the financial services provider’s stock worth $732,000 after acquiring an additional 6,569 shares during the period. Northwest Financial Advisors increased its stake in shares of Nuveen Virginia Quality Municipal Income Fund by 6.1% in the fourth quarter. Northwest Financial Advisors now owns 47,006 shares of the financial services provider’s stock worth $520,000 after purchasing an additional 2,713 shares in the last quarter. Finally, D.A. Davidson & CO. purchased a new position in Nuveen Virginia Quality Municipal Income Fund in the 4th quarter valued at approximately $197,000. 11.68% of the stock is owned by institutional investors and hedge funds.

About Nuveen Virginia Quality Municipal Income Fund

Nuveen Virginia Quality Municipal Income Fund (NYSE: NPV) is a closed-end investment company advised by Nuveen Asset Management. The fund’s primary objective is to provide shareholders with high current income exempt from federal and Virginia state personal income taxes by investing in a diversified portfolio of municipal debt securities.

The portfolio is focused on investment-grade municipal bonds issued by the Commonwealth of Virginia and its political subdivisions, including general obligation bonds and revenue bonds financing education, transportation, public utilities and other essential infrastructure.