Nuveen Virginia Quality Municipal Income Fund (NPV) to Issue Monthly Dividend of $0.06 on August 3rd

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.0615 per share by the financial services provider on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Virginia Quality Municipal Income Fund Price Performance

Shares of NYSE:NPV opened at $11.41 on Monday. The company’s fifty day moving average price is $11.44 and its 200-day moving average price is $11.41. Nuveen Virginia Quality Municipal Income Fund has a one year low of $10.87 and a one year high of $11.81.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in NPV. Wolverine Asset Management LLC bought a new stake in Nuveen Virginia Quality Municipal Income Fund during the fourth quarter worth about $465,000. DAVENPORT & Co LLC increased its position in shares of Nuveen Virginia Quality Municipal Income Fund by 7.8% during the 4th quarter. DAVENPORT & Co LLC now owns 280,828 shares of the financial services provider’s stock valued at $3,109,000 after purchasing an additional 20,262 shares during the last quarter. D.A. Davidson & CO. purchased a new position in shares of Nuveen Virginia Quality Municipal Income Fund during the 4th quarter valued at about $197,000. Readystate Asset Management LP purchased a new position in shares of Nuveen Virginia Quality Municipal Income Fund during the 4th quarter valued at about $166,000. Finally, Jane Street Group LLC bought a new stake in Nuveen Virginia Quality Municipal Income Fund in the 4th quarter worth approximately $137,000. 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.