Ashton Thomas Securities LLC Purchases New Position in Virtus Total Return Fund Inc. $ZTR

Key Points

• Ashton Thomas Securities LLC has purchased a new position in Virtus Total Return Fund Inc. (NYSE:ZTR), acquiring 104,500 shares valued at approximately $651,000.
• The fund has announced a monthly dividend of $0.05 per share, with a dividend yield of 9.3%, to be paid on November 26th to shareholders of record.
• Virtus Total Return Fund shares opened at $6.47, showing a slight increase of 0.1%, and the stock has a fifty-two week range of $5.22 to $6.49.

Ashton Thomas Securities LLC purchased a new stake in Virtus Total Return Fund Inc. (NYSE:ZTR - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 104,500 shares of the investment management company's stock, valued at approximately $651,000. Ashton Thomas Securities LLC owned approximately 0.19% of Virtus Total Return Fund as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC bought a new position in Virtus Total Return Fund in the 1st quarter valued at about $61,000. Beverly Hills Private Wealth LLC bought a new position in Virtus Total Return Fund in the 1st quarter valued at about $280,000. Wolverine Asset Management LLC bought a new position in Virtus Total Return Fund in the 1st quarter valued at about $1,876,000. XTX Topco Ltd bought a new position in Virtus Total Return Fund in the 1st quarter valued at about $71,000. Finally, Jane Street Group LLC bought a new position in Virtus Total Return Fund in the 4th quarter valued at about $76,000. Institutional investors own 47.14% of the company's stock.

Virtus Total Return Fund Stock Up 0.1%

Shares of NYSE ZTR opened at $6.47 on Friday. Virtus Total Return Fund Inc. has a fifty-two week low of $5.22 and a fifty-two week high of $6.49. The firm's 50-day simple moving average is $6.28 and its 200 day simple moving average is $6.11.

Virtus Total Return Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a c) annualized dividend and a dividend yield of 9.3%.

About Virtus Total Return Fund

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.

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