Gridiron Partners LLC Grows Holdings in Virtus Total Return Fund Inc. $ZTR

Gridiron Partners LLC grew its stake in shares of Virtus Total Return Fund Inc. (NYSE:ZTR) by 7,620.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,442,455 shares of the investment management company’s stock after purchasing an additional 1,423,772 shares during the quarter. Virtus Total Return Fund makes up approximately 0.7% of Gridiron Partners LLC’s investment portfolio, making the stock its 18th largest position. Gridiron Partners LLC owned approximately 2.60% of Virtus Total Return Fund worth $9,304,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. North Ground Capital lifted its holdings in Virtus Total Return Fund by 2,931.3% during the 1st 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 in the last quarter. Wolverine Asset Management LLC grew its stake in Virtus Total Return Fund by 47.3% in the 2nd quarter. Wolverine Asset Management LLC now owns 462,962 shares of the investment management company’s stock worth $2,884,000 after acquiring an additional 148,688 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of Virtus Total Return Fund during the second quarter worth approximately $651,000. Bank of America Corp DE raised its stake in shares of Virtus Total Return Fund by 33.9% during the second quarter. Bank of America Corp DE now owns 338,441 shares of the investment management company’s stock valued at $2,108,000 after acquiring an additional 85,767 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in shares of Virtus Total Return Fund during the first quarter valued at approximately $237,000. 47.14% of the stock is currently owned by institutional investors.

Virtus Total Return Fund Price Performance

Shares of NYSE:ZTR opened at $6.29 on Tuesday. The business’s 50 day moving average is $6.45 and its 200 day moving average is $6.32. Virtus Total Return Fund Inc. has a 52-week low of $5.22 and a 52-week high of $6.66.

Virtus Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 12th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, February 12th. This represents a c) annualized dividend and a dividend yield of 9.5%.

Virtus Total Return Fund Company Profile

Virtus Total Return Fund, Inc (NYSE: ZTR) is a closed-end management investment company that seeks to provide investors with high total return with moderate income. The fund, which began operations in 2005, trades on the New York Stock Exchange and is sponsored by Virtus Investment Partners. ZTR offers investors access to a diversified mix of fixed-income and equity opportunities within a single vehicle.

To pursue its stated objective, the fund typically allocates across a broad range of asset classes, including corporate debt securities, high-yield bonds, convertible securities, preferred stocks, common stocks and real estate investment trusts (REITs).