Stephens Inc. AR Has $739,000 Holdings in Virtus Total Return Fund Inc. (NYSE:ZTR)

Stephens Inc. AR cut its holdings in shares of Virtus Total Return Fund Inc. (NYSE:ZTR) by 4.8% during the first quarter, Holdings Channel reports. The fund owned 123,703 shares of the investment management company’s stock after selling 6,201 shares during the period. Stephens Inc. AR’s holdings in Virtus Total Return Fund were worth $739,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Commonwealth Equity Services LLC boosted its position in shares of Virtus Total Return Fund by 4.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 50,758 shares of the investment management company’s stock worth $297,000 after purchasing an additional 2,375 shares during the last quarter. Arete Wealth Advisors LLC raised its stake in shares of Virtus Total Return Fund by 12.4% in the 4th quarter. Arete Wealth Advisors LLC now owns 41,304 shares of the investment management company’s stock valued at $242,000 after purchasing an additional 4,565 shares during the period. Integrated Capital Management Inc. raised its stake in shares of Virtus Total Return Fund by 12.5% in the 1st quarter. Integrated Capital Management Inc. now owns 45,003 shares of the investment management company’s stock valued at $269,000 after purchasing an additional 5,013 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Virtus Total Return Fund by 2.8% in the first quarter. Envestnet Asset Management Inc. now owns 258,888 shares of the investment management company’s stock valued at $1,546,000 after acquiring an additional 7,129 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new stake in shares of Virtus Total Return Fund in the fourth quarter valued at about $60,000. 47.14% of the stock is currently owned by institutional investors.

Virtus Total Return Fund Price Performance

Shares of NYSE ZTR opened at $6.11 on Friday. The business’s 50 day moving average price is $6.13 and its two-hundred day moving average price is $5.96. Virtus Total Return Fund Inc. has a twelve month low of $5.22 and a twelve month high of $6.27.

Virtus Total Return Fund Announces Dividend

The business also recently declared a jul 25 dividend, which will be paid on Wednesday, July 30th. Investors of record on Friday, July 11th will be paid a $0.05 dividend. This represents a dividend yield of 9.8%. The ex-dividend date of this dividend is Friday, July 11th.

About Virtus Total Return Fund

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.