Virtus Total Return Fund (NYSE:ZTR) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Virtus Total Return Fund Inc. (NYSE:ZTR)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.32 and traded as low as $6.28. Virtus Total Return Fund shares last traded at $6.3050, with a volume of 211,387 shares changing hands.

Virtus Total Return Fund Stock Up 0.2%

The business’s 50 day moving average price is $6.46 and its 200-day moving average price is $6.32.

Virtus Total Return Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 12th will be paid a $0.05 dividend. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date is Thursday, February 12th.

Institutional Trading of Virtus Total Return Fund

Large investors have recently bought and sold shares of the stock. Gridiron Partners LLC increased its position in shares of Virtus Total Return Fund by 7,620.7% during the 3rd quarter. Gridiron Partners LLC now owns 1,442,455 shares of the investment management company’s stock worth $9,304,000 after purchasing an additional 1,423,772 shares in the last quarter. North Ground Capital grew its position in Virtus Total Return Fund by 121.5% during the 3rd quarter. North Ground Capital now owns 1,197,000 shares of the investment management company’s stock worth $7,721,000 after acquiring an additional 656,500 shares during the last quarter. Guggenheim Capital LLC increased its holdings in Virtus Total Return Fund by 3.2% during the 2nd quarter. Guggenheim Capital LLC now owns 1,101,550 shares of the investment management company’s stock valued at $6,863,000 after purchasing an additional 33,822 shares in the last quarter. Penserra Capital Management LLC boosted its stake in Virtus Total Return Fund by 5.3% in the third quarter. Penserra Capital Management LLC now owns 837,287 shares of the investment management company’s stock worth $5,400,000 after purchasing an additional 42,393 shares in the last quarter. Finally, Yakira Capital Management Inc. increased its stake in shares of Virtus Total Return Fund by 0.5% in the third quarter. Yakira Capital Management Inc. now owns 682,714 shares of the investment management company’s stock valued at $4,404,000 after buying an additional 3,530 shares in the last quarter. 47.14% of the stock is currently owned by institutional investors.

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.