J.W. Cole Advisors Inc. raised its stake in shares of Virtus Total Return Fund Inc. (NYSE:ZTR - Free Report) by 266.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 170,061 shares of the investment management company's stock after buying an additional 123,711 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.31% of Virtus Total Return Fund worth $1,015,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in ZTR. Commonwealth Equity Services LLC increased its stake in Virtus Total Return Fund by 4.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 50,758 shares of the investment management company's stock valued at $297,000 after purchasing an additional 2,375 shares in the last quarter. Arete Wealth Advisors LLC lifted its position in Virtus Total Return Fund by 12.4% in the 4th quarter. Arete Wealth Advisors LLC now owns 41,304 shares of the investment management company's stock valued at $242,000 after acquiring an additional 4,565 shares in the last quarter. Integrated Capital Management Inc. boosted its stake in Virtus Total Return Fund by 12.5% during the 1st quarter. Integrated Capital Management Inc. now owns 45,003 shares of the investment management company's stock valued at $269,000 after purchasing an additional 5,013 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Virtus Total Return Fund by 2.8% during the first quarter. Envestnet Asset Management Inc. now owns 258,888 shares of the investment management company's stock valued at $1,546,000 after buying an additional 7,129 shares during the last quarter. Finally, HighTower Advisors LLC bought a new position in Virtus Total Return Fund during the 4th quarter valued at about $60,000. 47.14% of the stock is owned by institutional investors.
Virtus Total Return Fund Stock Performance
Shares of ZTR stock traded down $0.06 during trading hours on Thursday, reaching $6.22. The company had a trading volume of 111,377 shares, compared to its average volume of 210,166. The business has a fifty day moving average price of $6.15 and a 200-day moving average price of $5.97. Virtus Total Return Fund Inc. has a one year low of $5.22 and a one year high of $6.30.
Virtus Total Return Fund Announces Dividend
The business also recently announced a jul 25 dividend, which will be paid on Wednesday, July 30th. Shareholders of record on Friday, July 11th will be given a $0.05 dividend. This represents a yield of 9.8%. The ex-dividend date of this dividend is Friday, July 11th.
About Virtus Total Return Fund
(
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.
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