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

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.0615 per share by the financial services provider on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Virginia Quality Municipal Income Fund Stock Performance

Shares of NYSE:NPV traded down $0.03 during trading on Wednesday, reaching $10.32. The stock had a trading volume of 10,197 shares, compared to its average volume of 50,986. Nuveen Virginia Quality Municipal Income Fund has a 1-year low of $10.07 and a 1-year high of $11.81. The business has a fifty day moving average price of $11.03 and a 200-day moving average price of $11.32.

Institutional Investors Weigh In On Nuveen Virginia Quality Municipal Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in NPV. Bank of America Corp DE acquired a new stake in shares of Nuveen Virginia Quality Municipal Income Fund in the second quarter valued at about $639,000. Wolverine Asset Management LLC acquired a new position in Nuveen Virginia Quality Municipal Income Fund during the fourth quarter worth about $465,000. Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in Nuveen Virginia Quality Municipal Income Fund during the second quarter worth about $213,000. D.A. Davidson & CO. purchased a new stake in Nuveen Virginia Quality Municipal Income Fund during the 4th quarter valued at about $197,000. Finally, Readystate Asset Management LP purchased a new stake in Nuveen Virginia Quality Municipal Income Fund during the 4th quarter valued at about $166,000. Institutional investors and hedge funds own 11.68% of the company’s stock.

Nuveen Virginia Quality Municipal Income Fund Company Profile

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.