Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) Announces $0.07 Monthly Dividend

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) announced a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be given a dividend of 0.065 per share by the financial services provider on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Wednesday, April 15th.

Nuveen Virginia Quality Municipal Income Fund Price Performance

Nuveen Virginia Quality Municipal Income Fund stock traded down $0.01 during mid-day trading on Monday, reaching $11.59. The company had a trading volume of 2,315 shares, compared to its average volume of 40,672. The company has a 50 day moving average of $11.49 and a 200-day moving average of $11.36. Nuveen Virginia Quality Municipal Income Fund has a 52 week low of $10.76 and a 52 week high of $11.81.

Institutional Investors Weigh In On Nuveen Virginia Quality Municipal Income Fund

A number of hedge funds have recently made changes to their positions in NPV. Ameritas Advisory Services LLC acquired a new stake in shares of Nuveen Virginia Quality Municipal Income Fund during the 3rd quarter worth about $82,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Nuveen Virginia Quality Municipal Income Fund by 351.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,350 shares of the financial services provider’s stock worth $83,000 after buying an additional 5,721 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Nuveen Virginia Quality Municipal Income Fund during the 4th quarter worth approximately $115,000. Landscape Capital Management L.L.C. acquired a new position in Nuveen Virginia Quality Municipal Income Fund during the fourth quarter valued at approximately $118,000. Finally, Brown Advisory Inc. acquired a new position in Nuveen Virginia Quality Municipal Income Fund during the second quarter valued at approximately $124,000. Institutional investors and hedge funds own 11.68% of the company’s stock.

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.