Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) to Issue Monthly Dividend of $0.15 on February 26th

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Wednesday, November 19th. Investors of record on Thursday, February 12th will be given a dividend of 0.15 per share on Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date is Thursday, February 12th.

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

AIO stock opened at $22.76 on Tuesday. Virtus Artificial Intelligence & Technology Opportunities Fund has a one year low of $16.18 and a one year high of $25.69. The firm has a 50 day simple moving average of $22.75 and a two-hundred day simple moving average of $23.56.

Institutional Trading of Virtus Artificial Intelligence & Technology Opportunities Fund

Several hedge funds have recently added to or reduced their stakes in AIO. Truist Financial Corp increased its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 2.8% in the fourth quarter. Truist Financial Corp now owns 16,364 shares of the company’s stock worth $356,000 after buying an additional 446 shares during the period. NBC Securities Inc. boosted its position in Virtus Artificial Intelligence & Technology Opportunities Fund by 8.5% during the 4th quarter. NBC Securities Inc. now owns 7,153 shares of the company’s stock valued at $156,000 after buying an additional 561 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 44,497 shares of the company’s stock worth $997,000 after acquiring an additional 724 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund in the second quarter valued at about $25,000. Finally, Cornerstone Planning Group LLC boosted its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 994.1% during the third quarter. Cornerstone Planning Group LLC now owns 1,116 shares of the company’s stock worth $27,000 after purchasing an additional 1,014 shares during the period.

About Virtus Artificial Intelligence & Technology Opportunities Fund

The Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) is a non-diversified, closed-end management investment company designed to provide shareholders with exposure to companies that derive a significant portion of their revenues from the development or use of artificial intelligence and related technologies. The Fund seeks to achieve long-term capital appreciation by identifying businesses that are positioned to benefit from ongoing advancements in AI, machine learning, robotics, data analytics, cloud computing, and semiconductor manufacturing.

Investment selections are made through a fundamental research process that emphasizes both thematic expertise and company-specific analysis.