U.S. Capital Wealth Advisors LLC Decreases Stock Holdings in RiverNorth Opportunities Fund, Inc. (NYSE:RIV)

U.S. Capital Wealth Advisors LLC lessened its stake in RiverNorth Opportunities Fund, Inc. (NYSE:RIV) by 11.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,819 shares of the company’s stock after selling 3,785 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in RiverNorth Opportunities Fund were worth $328,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Raymond James & Associates boosted its stake in RiverNorth Opportunities Fund by 39.3% during the 4th quarter. Raymond James & Associates now owns 44,336 shares of the company’s stock worth $487,000 after purchasing an additional 12,516 shares during the last quarter. Tennessee Valley Asset Management Partners lifted its stake in RiverNorth Opportunities Fund by 37.4% in the 4th quarter. Tennessee Valley Asset Management Partners now owns 95,497 shares of the company’s stock worth $1,050,000 after purchasing an additional 25,996 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in shares of RiverNorth Opportunities Fund by 14.8% during the 4th quarter. CoreCap Advisors LLC now owns 12,425 shares of the company’s stock worth $137,000 after purchasing an additional 1,600 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of RiverNorth Opportunities Fund in the fourth quarter valued at approximately $272,000. Finally, Transcend Capital Advisors LLC acquired a new stake in shares of RiverNorth Opportunities Fund in the fourth quarter valued at approximately $132,000.

RiverNorth Opportunities Fund Trading Up 0.3 %

Shares of RiverNorth Opportunities Fund stock opened at $12.09 on Wednesday. The business’s 50 day moving average price is $11.82 and its 200 day moving average price is $11.27. RiverNorth Opportunities Fund, Inc. has a one year low of $9.63 and a one year high of $12.43.

RiverNorth Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a dividend of $0.1289 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.55 annualized dividend and a dividend yield of 12.79%.

RiverNorth Opportunities Fund Profile

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.