Penserra Capital Management LLC Has $4.61 Million Position in Virtus Total Return Fund Inc. (NYSE:ZTR)

Penserra Capital Management LLC decreased its stake in shares of Virtus Total Return Fund Inc. (NYSE:ZTR - Free Report) by 57.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 771,404 shares of the investment management company's stock after selling 1,053,062 shares during the period. Penserra Capital Management LLC owned approximately 1.39% of Virtus Total Return Fund worth $4,605,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Virtus Total Return Fund in the fourth quarter worth about $886,000. Capstone Investment Advisors LLC boosted its holdings 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 worth $4,977,000 after buying an additional 401,929 shares during the period. Jane Street Group LLC acquired a new position in shares of Virtus Total Return Fund in the fourth quarter worth about $76,000. Commonwealth Equity Services LLC boosted its holdings in shares of Virtus Total Return Fund by 4.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 50,758 shares of the investment management company's stock worth $297,000 after buying an additional 2,375 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of Virtus Total Return Fund by 11.0% in the fourth quarter. Stifel Financial Corp now owns 967,838 shares of the investment management company's stock worth $5,672,000 after purchasing an additional 96,299 shares in the last quarter. Institutional investors and hedge funds own 47.14% of the company's stock.

Virtus Total Return Fund Price Performance

Shares of NYSE ZTR traded down $0.05 during mid-day trading on Tuesday, reaching $6.18. The company had a trading volume of 85,626 shares, compared to its average volume of 249,923. The stock has a fifty day moving average of $6.12 and a two-hundred day moving average of $5.95. 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 firm also recently disclosed a jul 25 dividend, which will be paid on Wednesday, July 30th. Investors of record on Friday, July 11th will be given a dividend of $0.05 per share. This represents a yield of 9.8%. The ex-dividend date is Friday, July 11th.

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.