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

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) announced a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.0615 per share by the financial services provider on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Monday, June 15th.

Nuveen Virginia Quality Municipal Income Fund Price Performance

Shares of Nuveen Virginia Quality Municipal Income Fund stock opened at $11.48 on Tuesday. Nuveen Virginia Quality Municipal Income Fund has a 52-week low of $10.87 and a 52-week high of $11.81. The company’s fifty day moving average price is $11.42 and its two-hundred day moving average price is $11.36.

Hedge Funds Weigh In On Nuveen Virginia Quality Municipal Income Fund

Hedge funds have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in Nuveen Virginia Quality Municipal Income Fund during the 3rd quarter worth about $82,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Nuveen Virginia Quality Municipal Income Fund by 351.2% during the second 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 last quarter. Cetera Investment Advisers bought a new position in Nuveen Virginia Quality Municipal Income Fund in the fourth quarter valued at approximately $115,000. Landscape Capital Management L.L.C. acquired a new stake in Nuveen Virginia Quality Municipal Income Fund during the 4th quarter worth $118,000. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of Nuveen Virginia Quality Municipal Income Fund during the third quarter worth $128,000. Institutional investors 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.