Walleye Capital LLC Takes Position in Virtus Total Return Fund Inc. $ZTR

Walleye Capital LLC bought a new stake in shares of Virtus Total Return Fund Inc. (NYSE:ZTR) during the 1st quarter, Holdings Channel reports. The fund bought 39,774 shares of the investment management company’s stock, valued at approximately $237,000.

Several other hedge funds have also recently made changes to their positions in the business. Integrated Capital Management Inc. increased its stake in shares of Virtus Total Return Fund by 12.5% during the first quarter. Integrated Capital Management Inc. now owns 45,003 shares of the investment management company’s stock valued at $269,000 after buying an additional 5,013 shares during the period. Envestnet Asset Management Inc. increased its stake 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 period. Invesco Ltd. increased its stake in shares of Virtus Total Return Fund by 21.5% during the first quarter. Invesco Ltd. now owns 40,765 shares of the investment management company’s stock valued at $243,000 after buying an additional 7,203 shares during the period. Concurrent Investment Advisors LLC purchased a new position in shares of Virtus Total Return Fund during the first quarter valued at approximately $61,000. Finally, XTX Topco Ltd purchased a new position in shares of Virtus Total Return Fund during the first quarter valued at approximately $71,000. 47.14% of the stock is owned by hedge funds and other institutional investors.

Virtus Total Return Fund Price Performance

ZTR opened at $6.24 on Friday. Virtus Total Return Fund Inc. has a 52-week low of $5.22 and a 52-week high of $6.40. The stock’s 50 day moving average price is $6.24 and its 200-day moving average price is $6.05.

Virtus Total Return Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 26th. Investors of record on Thursday, November 13th will be paid a $0.05 dividend. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date of this dividend is Thursday, November 13th.

Virtus Total Return Fund Profile

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.