Tabor Asset Management LP purchased a new stake in Virtus Total Return Fund Inc. (NYSE:ZTR - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 679,184 shares of the investment management company's stock, valued at approximately $4,055,000. Tabor Asset Management LP owned approximately 1.22% of Virtus Total Return Fund as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZTR. Concurrent Investment Advisors LLC bought a new position in shares of Virtus Total Return Fund in the 1st quarter valued at approximately $61,000. Beverly Hills Private Wealth LLC acquired a new position in Virtus Total Return Fund during the first quarter valued at approximately $280,000. Raymond James Financial Inc. bought a new position in shares of Virtus Total Return Fund in the fourth quarter valued at approximately $886,000. Capstone Investment Advisors LLC raised its position in shares of Virtus Total Return Fund by 89.8% in the fourth quarter. Capstone Investment Advisors LLC now owns 849,307 shares of the investment management company's stock valued at $4,977,000 after purchasing an additional 401,929 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of Virtus Total Return Fund in the fourth quarter worth $76,000. Institutional investors and hedge funds own 47.14% of the company's stock.
Virtus Total Return Fund Stock Performance
NYSE:ZTR traded up $0.05 during mid-day trading on Tuesday, hitting $6.24. The company's stock had a trading volume of 165,451 shares, compared to its average volume of 239,129. Virtus Total Return Fund Inc. has a fifty-two week low of $5.22 and a fifty-two week high of $6.27. The stock has a fifty day moving average of $6.13 and a 200-day moving average of $5.97.
Virtus Total Return Fund Announces Dividend
The firm also recently declared a jul 25 dividend, which will be paid on Wednesday, July 30th. Investors of record on Friday, July 11th will be paid a dividend of $0.05 per share. This represents a dividend yield of 9.8%. The ex-dividend date is Friday, July 11th.
Virtus Total Return Fund Company Profile
(
Free Report)
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.
Featured Stories
Before you consider Virtus Total Return Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Virtus Total Return Fund wasn't on the list.
While Virtus Total Return Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
