Virtus Total Return Fund Inc. (ZTR) To Go Ex-Dividend on August 13th

Virtus Total Return Fund Inc. (NYSE:ZTR) declared a monthly dividend on Wednesday, June 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of 0.055 per share by the investment management company on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Thursday, August 13th.

Virtus Total Return Fund Price Performance

NYSE ZTR opened at $6.75 on Tuesday. Virtus Total Return Fund has a 52-week low of $6.17 and a 52-week high of $7.11. The business has a 50 day simple moving average of $6.77 and a 200 day simple moving average of $6.75.

Institutional Trading of Virtus Total Return Fund

Several hedge funds have recently added to or reduced their stakes in ZTR. Beverly Hills Private Wealth LLC acquired a new stake in Virtus Total Return Fund during the second quarter worth approximately $161,000. Avise Financial Cooperative Inc. bought a new stake in shares of Virtus Total Return Fund during the 2nd quarter worth approximately $160,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Virtus Total Return Fund by 21.9% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,578 shares of the investment management company’s stock worth $113,000 after acquiring an additional 2,982 shares in the last quarter. CoreCap Advisors LLC boosted its position in shares of Virtus Total Return Fund by 11.2% during the 2nd quarter. CoreCap Advisors LLC now owns 26,367 shares of the investment management company’s stock worth $180,000 after acquiring an additional 2,648 shares in the last quarter. Finally, Ashton Thomas Securities LLC increased its stake in Virtus Total Return Fund by 99.8% in the first quarter. Ashton Thomas Securities LLC now owns 226,800 shares of the investment management company’s stock valued at $1,501,000 after acquiring an additional 113,300 shares during the last quarter. 47.14% of the stock is owned by institutional investors and hedge funds.

About Virtus Total Return Fund

Virtus Total Return Fund, Inc (NYSE: ZTR) is a closed-end management investment company that seeks to provide investors with high total return with moderate income. The fund, which began operations in 2005, trades on the New York Stock Exchange and is sponsored by Virtus Investment Partners. ZTR offers investors access to a diversified mix of fixed-income and equity opportunities within a single vehicle.

To pursue its stated objective, the fund typically allocates across a broad range of asset classes, including corporate debt securities, high-yield bonds, convertible securities, preferred stocks, common stocks and real estate investment trusts (REITs).