Sit Investment Associates Inc. Sells 699,418 Shares of Virtus Total Return Fund Inc. (NYSE:ZTR)

Sit Investment Associates Inc. lessened its holdings in shares of Virtus Total Return Fund Inc. (NYSE:ZTR) by 82.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,521 shares of the investment management company’s stock after selling 699,418 shares during the period. Sit Investment Associates Inc. owned approximately 0.27% of Virtus Total Return Fund worth $881,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Concurrent Investment Advisors LLC bought a new stake in Virtus Total Return Fund in the 1st quarter valued at approximately $61,000. XTX Topco Ltd bought a new stake in Virtus Total Return Fund in the 1st quarter valued at approximately $71,000. Jane Street Group LLC bought a new stake in Virtus Total Return Fund in the 4th quarter valued at approximately $76,000. Alpine Global Management LLC bought a new stake in Virtus Total Return Fund in the 4th quarter valued at approximately $79,000. Finally, Pasadena Private Wealth LLC bought a new stake in Virtus Total Return Fund in the 1st quarter valued at approximately $86,000. Institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Stock Performance

NYSE ZTR opened at $6.28 on Friday. The stock’s 50 day moving average price is $6.18 and its two-hundred day moving average price is $6.01. Virtus Total Return Fund Inc. has a 52 week low of $5.22 and a 52 week high of $6.32.

Virtus Total Return Fund Announces Dividend

The company also recently announced a jul 25 dividend, which was paid on Wednesday, July 30th. Shareholders of record on Friday, July 11th were paid a $0.05 dividend. The ex-dividend date was Friday, July 11th. This represents a yield of 980.0%.

Virtus Total Return Fund Company Profile

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.