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 Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.0615 per share by the financial services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Virginia Quality Municipal Income Fund Stock Down 0.4%

NYSE NPV opened at $11.52 on Thursday. The business has a 50 day moving average price of $11.45 and a 200 day moving average price of $11.39. Nuveen Virginia Quality Municipal Income Fund has a 1-year low of $10.87 and a 1-year high of $11.81.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NPV. Royal Bank of Canada raised its stake in shares of Nuveen Virginia Quality Municipal Income Fund by 5.0% during the 1st quarter. Royal Bank of Canada now owns 26,514 shares of the financial services provider’s stock worth $300,000 after buying an additional 1,268 shares during the last quarter. Cetera Investment Advisers increased its holdings in Nuveen Virginia Quality Municipal Income Fund by 8.8% during the 1st quarter. Cetera Investment Advisers now owns 11,327 shares of the financial services provider’s stock valued at $128,000 after acquiring an additional 917 shares in the last quarter. D.A. Davidson & CO. raised its position in Nuveen Virginia Quality Municipal Income Fund by 7.1% during the first quarter. D.A. Davidson & CO. now owns 19,089 shares of the financial services provider’s stock worth $216,000 after acquiring an additional 1,272 shares during the last quarter. Canal Capital Management LLC raised its position in Nuveen Virginia Quality Municipal Income Fund by 11.6% during the first quarter. Canal Capital Management LLC now owns 27,039 shares of the financial services provider’s stock worth $306,000 after acquiring an additional 2,810 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in Nuveen Virginia Quality Municipal Income Fund by 7.4% during the first quarter. Private Advisor Group LLC now owns 33,681 shares of the financial services provider’s stock worth $382,000 after acquiring an additional 2,314 shares during the last quarter. Hedge funds and other 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.