Atria Wealth Solutions Inc. Reduces Holdings in RiverNorth Opportunities Fund, Inc. (NYSE:RIV)

Atria Wealth Solutions Inc. trimmed its stake in RiverNorth Opportunities Fund, Inc. (NYSE:RIV) by 74.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 28,850 shares of the company’s stock after selling 84,540 shares during the period. Atria Wealth Solutions Inc.’s holdings in RiverNorth Opportunities Fund were worth $340,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Elequin Capital LP purchased a new position in RiverNorth Opportunities Fund during the 4th quarter worth $74,000. Cary Street Partners Financial LLC purchased a new position in RiverNorth Opportunities Fund during the 4th quarter worth $121,000. WealthTrust Asset Management LLC purchased a new position in RiverNorth Opportunities Fund during the 1st quarter worth $170,000. Jane Street Group LLC purchased a new position in RiverNorth Opportunities Fund during the 4th quarter worth $270,000. Finally, Total Wealth Planning & Management Inc. purchased a new position in RiverNorth Opportunities Fund during the 1st quarter worth $309,000.

RiverNorth Opportunities Fund Price Performance

Shares of RiverNorth Opportunities Fund stock opened at $12.35 on Friday. RiverNorth Opportunities Fund, Inc. has a 1 year low of $10.11 and a 1 year high of $12.96. The company’s fifty day moving average is $12.24 and its two-hundred day moving average is $11.94.

RiverNorth Opportunities Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, August 29th. Shareholders of record on Monday, August 18th will be given a dividend of $0.1277 per share. This represents a yield of 1,236.0%. The ex-dividend date of this dividend is Friday, August 15th.

About RiverNorth Opportunities Fund

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.