Shaker Financial Services LLC Has $454,000 Holdings in Virtus Total Return Fund Inc. $ZTR

Shaker Financial Services LLC lessened its holdings in Virtus Total Return Fund Inc. (NYSE:ZTR) by 58.5% during the third quarter, HoldingsChannel.com reports. The firm owned 70,424 shares of the investment management company’s stock after selling 99,331 shares during the period. Shaker Financial Services LLC’s holdings in Virtus Total Return Fund were worth $454,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Blue Bell Private Wealth Management LLC grew its stake in Virtus Total Return Fund by 75.7% in the third quarter. Blue Bell Private Wealth Management LLC now owns 92,276 shares of the investment management company’s stock valued at $595,000 after purchasing an additional 39,755 shares in the last quarter. Gridiron Partners LLC raised its holdings in shares of Virtus Total Return Fund by 7,620.7% in the 3rd quarter. Gridiron Partners LLC now owns 1,442,455 shares of the investment management company’s stock valued at $9,304,000 after purchasing an additional 1,423,772 shares during the period. Osaic Holdings Inc. lifted its stake in Virtus Total Return Fund by 150.8% in the 2nd quarter. Osaic Holdings Inc. now owns 65,798 shares of the investment management company’s stock valued at $410,000 after purchasing an additional 39,567 shares during the last quarter. Tactive Advisors LLC acquired a new stake in Virtus Total Return Fund in the 2nd quarter valued at about $131,000. Finally, Sculptor Capital LP grew its holdings in Virtus Total Return Fund by 9.8% during the second quarter. Sculptor Capital LP now owns 346,864 shares of the investment management company’s stock worth $2,161,000 after purchasing an additional 30,833 shares during the period. 47.14% of the stock is currently owned by institutional investors and hedge funds.

Virtus Total Return Fund Price Performance

Shares of NYSE ZTR opened at $6.26 on Thursday. The business’s 50 day moving average price is $6.39 and its two-hundred day moving average price is $6.34. Virtus Total Return Fund Inc. has a twelve month low of $5.22 and a twelve month high of $6.66.

Virtus Total Return Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 12th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%.

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).