Truist Financial Corp Lowers Stock Position in Virtus Total Return Fund Inc. (NYSE:ZTR)

Truist Financial Corp cut its stake in shares of Virtus Total Return Fund Inc. (NYSE:ZTRGet Rating) by 9.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,255 shares of the investment management company’s stock after selling 1,937 shares during the period. Truist Financial Corp’s holdings in Virtus Total Return Fund were worth $178,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. San Luis Wealth Advisors LLC purchased a new stake in shares of Virtus Total Return Fund during the 4th quarter valued at $257,000. Guggenheim Capital LLC grew its stake in shares of Virtus Total Return Fund by 36.8% during the 4th quarter. Guggenheim Capital LLC now owns 375,415 shares of the investment management company’s stock valued at $3,563,000 after buying an additional 100,955 shares during the period. Wolverine Asset Management LLC acquired a new position in shares of Virtus Total Return Fund during the 4th quarter valued at $66,000. Raymond James & Associates lifted its holdings in shares of Virtus Total Return Fund by 11.7% during the 4th quarter. Raymond James & Associates now owns 14,127 shares of the investment management company’s stock valued at $134,000 after acquiring an additional 1,479 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its holdings in shares of Virtus Total Return Fund by 234.2% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 11,502 shares of the investment management company’s stock valued at $109,000 after acquiring an additional 8,060 shares in the last quarter. 9.18% of the stock is owned by hedge funds and other institutional investors.

Virtus Total Return Fund Stock Performance

NYSE:ZTR opened at $8.71 on Monday. The firm’s fifty day simple moving average is $8.42 and its 200 day simple moving average is $9.01. Virtus Total Return Fund Inc. has a twelve month low of $7.51 and a twelve month high of $9.97.

Virtus Total Return Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 18th. Investors of record on Thursday, August 11th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $0.96 annualized dividend and a dividend yield of 11.02%.

Virtus Total Return Fund Profile

(Get Rating)

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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Institutional Ownership by Quarter for Virtus Total Return Fund (NYSE:ZTR)

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