Financial Holdings Rivernorth Buys 3,941 Shares of RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) Stock

Posted by Danessa Lincoln on Dec 23rd, 2025

RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) insider Financial Holdings Rivernorth bought 3,941 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was bought at an average cost of $14.47 per share, with a total value of $57,026.27. Following the transaction, the insider owned 84,454 shares in the company, valued at $1,222,049.38. This trade represents a 4.89% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Financial Holdings Rivernorth also recently made the following trade(s):

On Thursday, December 18th, Financial Holdings Rivernorth purchased 5,058 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were purchased at an average cost of $14.46 per share, for a total transaction of $73,138.68.
On Monday, November 24th, Financial Holdings Rivernorth purchased 5,558 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was purchased at an average price of $14.48 per share, for a total transaction of $80,479.84.
On Monday, November 17th, Financial Holdings Rivernorth acquired 6,642 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were purchased at an average price of $14.54 per share, with a total value of $96,574.68.
On Friday, November 14th, Financial Holdings Rivernorth bought 7,045 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was purchased at an average cost of $14.50 per share, for a total transaction of $102,152.50.
On Thursday, November 13th, Financial Holdings Rivernorth purchased 3,664 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were purchased at an average price of $14.60 per share, with a total value of $53,494.40.
On Tuesday, November 11th, Financial Holdings Rivernorth purchased 1,657 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average cost of $14.65 per share, with a total value of $24,275.05.
On Monday, November 10th, Financial Holdings Rivernorth acquired 1,301 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was acquired at an average price of $14.54 per share, for a total transaction of $18,916.54.
On Friday, November 7th, Financial Holdings Rivernorth acquired 6,857 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was acquired at an average cost of $14.51 per share, for a total transaction of $99,495.07.
On Wednesday, November 5th, Financial Holdings Rivernorth bought 1,226 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average price of $14.67 per share, with a total value of $17,985.42.
On Tuesday, November 4th, Financial Holdings Rivernorth bought 6,857 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average cost of $14.69 per share, with a total value of $100,729.33.

RiverNorth Opportunistic Municipal Income Fund Price Performance

RiverNorth Opportunistic Municipal Income Fund stock traded down $0.01 during trading on Tuesday, reaching $14.43. The company had a trading volume of 47,445 shares, compared to its average volume of 29,067. The firm’s 50-day simple moving average is $14.56 and its 200 day simple moving average is $14.35. RiverNorth Opportunistic Municipal Income Fund, Inc. has a 52 week low of $13.63 and a 52 week high of $15.84.

RiverNorth Opportunistic Municipal Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a $0.0945 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 7.9%.

Institutional Investors Weigh In On RiverNorth Opportunistic Municipal Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in RiverNorth Opportunistic Municipal Income Fund by 176.7% during the third quarter. Bank of America Corp DE now owns 45,533 shares of the company’s stock valued at $666,000 after purchasing an additional 29,076 shares in the last quarter. Arlington Capital Management Inc. purchased a new stake in shares of RiverNorth Opportunistic Municipal Income Fund in the third quarter worth $253,000. UBS Group AG lifted its stake in shares of RiverNorth Opportunistic Municipal Income Fund by 2.8% during the 3rd quarter. UBS Group AG now owns 161,653 shares of the company’s stock valued at $2,363,000 after buying an additional 4,472 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in shares of RiverNorth Opportunistic Municipal Income Fund during the 3rd quarter valued at $494,000. Finally, Concurrent Investment Advisors LLC boosted its holdings in RiverNorth Opportunistic Municipal Income Fund by 25.9% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 33,470 shares of the company’s stock worth $489,000 after buying an additional 6,875 shares during the period.

RiverNorth Opportunistic Municipal Income Fund Company Profile

(Get Free Report)

RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) is a closed-end management investment company that seeks to deliver tax-exempt income through diversified exposure to U.S. municipal securities. The fund is structured as a non-diversified, interval fund and primarily caters to investors pursuing high-quality, tax-advantaged income from state and local government obligations.

RMI employs an opportunistic, value-oriented investment process, focusing on both traditional investment-grade bonds and specialized niches within the municipal market.