Virtus Total Return Fund Inc. $ZTR Shares Sold by Absolute Investment Advisers LLC

Absolute Investment Advisers LLC cut its holdings in Virtus Total Return Fund Inc. (NYSE:ZTR) by 15.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,255,160 shares of the investment management company’s stock after selling 222,394 shares during the period. Absolute Investment Advisers LLC’s holdings in Virtus Total Return Fund were worth $7,820,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Integrity Alliance LLC. acquired a new position in shares of Virtus Total Return Fund in the 1st quarter valued at $76,000. North Ground Capital lifted its position in Virtus Total Return Fund by 2,931.3% in the first quarter. North Ground Capital now owns 485,000 shares of the investment management company’s stock valued at $2,929,000 after buying an additional 469,000 shares during the last quarter. Walleye Capital LLC acquired a new position in Virtus Total Return Fund in the first quarter valued at about $237,000. Invesco Ltd. lifted its position in Virtus Total Return Fund by 21.5% in the first quarter. Invesco Ltd. now owns 40,765 shares of the investment management company’s stock valued at $243,000 after buying an additional 7,203 shares during the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in shares of Virtus Total Return Fund in the 1st quarter worth approximately $1,876,000. Institutional investors and hedge funds own 47.14% of the company’s stock.

Virtus Total Return Fund Stock Performance

Shares of ZTR stock opened at $6.31 on Thursday. The firm’s 50 day moving average price is $6.26 and its 200-day moving average price is $6.09. Virtus Total Return Fund Inc. has a one year low of $5.22 and a one year high of $6.40.

Virtus Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Thursday, November 13th will be paid a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a yield of 9.5%. The ex-dividend date is Thursday, November 13th.

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.