RiverFront Strategic Income Fund (NYSEARCA:RIGS) Stock Price Up 0.1% – Should You Buy?

RiverFront Strategic Income Fund (NYSEARCA:RIGSGet Free Report)’s share price rose 0.1% on Monday . The stock traded as high as $22.73 and last traded at $22.62. 8,190 shares traded hands during trading, a decline of 18% from the average session volume of 10,029 shares. The stock had previously closed at $22.60.

RiverFront Strategic Income Fund Stock Up 0.1%

The company’s 50 day moving average is $22.67 and its 200-day moving average is $22.85.

Institutional Trading of RiverFront Strategic Income Fund

An institutional investor recently bought a new position in RiverFront Strategic Income Fund stock. Claris Financial LLC acquired a new stake in RiverFront Strategic Income Fund (NYSEARCA:RIGSFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,862 shares of the company’s stock, valued at approximately $481,000. Claris Financial LLC owned 0.68% of RiverFront Strategic Income Fund at the end of the most recent reporting period.

About RiverFront Strategic Income Fund

(Get Free Report)

The RiverFront Strategic Income Fund (RIGS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed global fixed-income portfolio that invests in various types of fixed-income securities without currency limitation. RIGS was launched on Oct 9, 2013 and is managed by RiverFront.

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