Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) to Issue $0.05 Monthly Dividend

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) declared a monthly dividend on Wednesday, April 3rd, Wall Street Journal reports. Stockholders of record on Monday, April 15th will be given a dividend of 0.045 per share by the financial services provider on Wednesday, May 1st. This represents a $0.54 annualized dividend and a dividend yield of 4.93%. The ex-dividend date is Friday, April 12th.

Nuveen Virginia Quality Municipal Income Fund Stock Performance

NYSE NPV traded down $0.07 during trading hours on Wednesday, hitting $10.96. 34,812 shares of the company’s stock traded hands, compared to its average volume of 35,619. The business’s fifty day moving average price is $10.96 and its two-hundred day moving average price is $10.41. Nuveen Virginia Quality Municipal Income Fund has a 52 week low of $8.92 and a 52 week high of $11.55.

Institutional Trading of Nuveen Virginia Quality Municipal Income Fund

Several large investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its position in Nuveen Virginia Quality Municipal Income Fund by 7.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 40,253 shares of the financial services provider’s stock valued at $434,000 after buying an additional 2,939 shares during the period. Royal Bank of Canada grew its position in Nuveen Virginia Quality Municipal Income Fund by 22.4% during the third quarter. Royal Bank of Canada now owns 32,305 shares of the financial services provider’s stock valued at $307,000 after buying an additional 5,906 shares during the period. MML Investors Services LLC bought a new stake in Nuveen Virginia Quality Municipal Income Fund during the second quarter valued at approximately $128,000. Steward Partners Investment Advisory LLC boosted its position in shares of Nuveen Virginia Quality Municipal Income Fund by 19.6% in the first quarter. Steward Partners Investment Advisory LLC now owns 6,220 shares of the financial services provider’s stock worth $71,000 after purchasing an additional 1,020 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of Nuveen Virginia Quality Municipal Income Fund by 9.0% in the first quarter. Bank of America Corp DE now owns 53,679 shares of the financial services provider’s stock worth $612,000 after purchasing an additional 4,446 shares during the period. 11.68% of the stock is currently owned by institutional investors.

About Nuveen Virginia Quality Municipal Income Fund

Nuveen Virginia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.