Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Shares Cross Below 200-Day Moving Average of $11.79

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJGet Rating)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.79 and traded as low as $11.71. Virtus Dividend, Interest & Premium Strategy Fund shares last traded at $11.98, with a volume of 192,164 shares changing hands.

Virtus Dividend, Interest & Premium Strategy Fund Price Performance

The stock has a 50-day moving average price of $11.63 and a 200 day moving average price of $11.79.

Virtus Dividend, Interest & Premium Strategy Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 24th. Stockholders of record on Monday, March 13th will be given a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 8.18%. The ex-dividend date of this dividend is Friday, March 10th.

Institutional Trading of Virtus Dividend, Interest & Premium Strategy Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James & Associates boosted its stake in shares of Virtus Dividend, Interest & Premium Strategy Fund by 3.5% in the first quarter. Raymond James & Associates now owns 284,788 shares of the investment management company’s stock worth $4,098,000 after acquiring an additional 9,587 shares during the last quarter. UBS Group AG boosted its stake in shares of Virtus Dividend, Interest & Premium Strategy Fund by 7.4% in the first quarter. UBS Group AG now owns 759,800 shares of the investment management company’s stock worth $10,934,000 after acquiring an additional 52,461 shares during the last quarter. Eaton Vance Management boosted its stake in shares of Virtus Dividend, Interest & Premium Strategy Fund by 11.3% in the first quarter. Eaton Vance Management now owns 13,467 shares of the investment management company’s stock worth $194,000 after acquiring an additional 1,368 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Virtus Dividend, Interest & Premium Strategy Fund by 2.8% in the first quarter. Advisors Asset Management Inc. now owns 1,756,534 shares of the investment management company’s stock worth $25,277,000 after acquiring an additional 47,187 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Virtus Dividend, Interest & Premium Strategy Fund by 2.8% in the first quarter. Bank of America Corp DE now owns 2,979,661 shares of the investment management company’s stock worth $42,877,000 after acquiring an additional 81,363 shares during the last quarter.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

(Get Rating)

Virtus AllianzGI Dividend, Interest & Premium Strategy Fund is a closed-end investment fund. It seeks current income and gains, with a secondary objective of long-term capital appreciation. The company was founded on August 20, 2003 and is headquartered in New York, NY.

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