Virtus Total Return Fund (NYSE:ZTR) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Virtus Total Return Fund Inc. (NYSE:ZTR) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.10 and traded as high as $6.27. Virtus Total Return Fund shares last traded at $6.26, with a volume of 245,676 shares traded.

Virtus Total Return Fund Trading Up 0.4%

The company has a fifty day moving average price of $6.10 and a two-hundred day moving average price of $5.94.

Virtus Total Return Fund Dividend Announcement

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 issued a dividend of $0.05 per share. The ex-dividend date is Friday, July 11th. This represents a yield of 9.8%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc bought a new stake in shares of Virtus Total Return Fund during the fourth quarter worth $29,000. HighTower Advisors LLC acquired a new position in Virtus Total Return Fund in the 4th quarter worth $60,000. Concurrent Investment Advisors LLC bought a new position in Virtus Total Return Fund during the 1st quarter worth about $61,000. XTX Topco Ltd bought a new position in Virtus Total Return Fund during the 1st quarter worth about $71,000. Finally, Integrity Alliance LLC. acquired a new stake in shares of Virtus Total Return Fund in the 1st quarter valued at about $76,000. Institutional investors own 47.14% of the company’s stock.

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.