Tabor Asset Management LP Buys New Position in Virtus Total Return Fund Inc. (NYSE:ZTR)

Tabor Asset Management LP bought a new stake in shares of Virtus Total Return Fund Inc. (NYSE:ZTR - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 679,184 shares of the investment management company's stock, valued at approximately $4,055,000. Virtus Total Return Fund comprises about 1.6% of Tabor Asset Management LP's investment portfolio, making the stock its 18th largest holding. Tabor Asset Management LP owned about 1.22% of Virtus Total Return Fund as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC bought a new position in shares of Virtus Total Return Fund during the fourth quarter worth about $60,000. Concurrent Investment Advisors LLC bought a new position in shares of Virtus Total Return Fund during the first quarter worth about $61,000. Jane Street Group LLC bought a new position in shares of Virtus Total Return Fund during the fourth quarter worth about $76,000. Alpine Global Management LLC bought a new position in shares of Virtus Total Return Fund during the fourth quarter worth about $79,000. Finally, CF Capital LLC bought a new position in shares of Virtus Total Return Fund during the fourth quarter worth about $94,000. Institutional investors own 47.14% of the company's stock.

Virtus Total Return Fund Stock Up 0.5%

Shares of Virtus Total Return Fund stock traded up $0.03 during trading on Friday, hitting $6.15. 547,794 shares of the stock were exchanged, compared to its average volume of 247,437. The stock's fifty day moving average is $6.13 and its 200 day moving average is $5.96. Virtus Total Return Fund Inc. has a 12 month low of $5.22 and a 12 month high of $6.27.

Virtus Total Return Fund Dividend Announcement

The business also recently announced a jul 25 dividend, which will be paid on Wednesday, July 30th. Investors of record on Friday, July 11th will be given a $0.05 dividend. The ex-dividend date is Friday, July 11th. This represents a yield of 9.8%.

Virtus Total Return Fund Profile

Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.