Rivernorth Opportunities Fund Inc (NYSE:RIV) Portfolio Manager Stephen Andrew O’neill acquired 2,500 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were bought at an average price of $9.38 per share, for a total transaction of $23,450.00. Following the acquisition, the portfolio manager now owns 47,222 shares of the company’s stock, valued at $442,942.36. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of RIV traded up $1.00 during mid-day trading on Thursday, hitting $12.64. 7,473 shares of the company traded hands, compared to its average volume of 97,478. Rivernorth Opportunities Fund Inc has a 1-year low of $8.65 and a 1-year high of $17.75. The business has a 50 day moving average of $14.98 and a 200 day moving average of $16.20.

The business also recently disclosed a — dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.18 per share. The ex-dividend date is Monday, June 15th. This represents a dividend yield of 15.3%.

Several institutional investors and hedge funds have recently bought and sold shares of RIV. Advisor Group Inc. increased its holdings in shares of Rivernorth Opportunities Fund by 118.0% during the fourth quarter. Advisor Group Inc. now owns 11,825 shares of the company’s stock valued at $193,000 after acquiring an additional 6,400 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Rivernorth Opportunities Fund by 12.6% during the fourth quarter. Bank of America Corp DE now owns 13,503 shares of the company’s stock valued at $220,000 after acquiring an additional 1,510 shares in the last quarter. Wedbush Securities Inc. boosted its position in Rivernorth Opportunities Fund by 12.6% in the fourth quarter. Wedbush Securities Inc. now owns 16,419 shares of the company’s stock valued at $268,000 after buying an additional 1,840 shares during the last quarter. Stifel Financial Corp boosted its position in Rivernorth Opportunities Fund by 44.6% in the fourth quarter. Stifel Financial Corp now owns 21,834 shares of the company’s stock valued at $358,000 after buying an additional 6,734 shares during the last quarter. Finally, Cornerstone Advisors LLC purchased a new stake in Rivernorth Opportunities Fund in the fourth quarter valued at approximately $394,000.

About Rivernorth Opportunities Fund

There is no company description available for RiverNorth Opportunities.

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Insider Buying and Selling by Quarter for Rivernorth Opportunities Fund (NYSE:RIV)

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