RiverFront Strategic Income Fund (NYSEARCA:RIGS) Stock Price Up 0.3% – Still a Buy?

Posted by Scott Moore on Jan 16th, 2026

RiverFront Strategic Income Fund (NYSEARCA:RIGS – Get Free Report)’s stock price rose 0.3% during mid-day trading on Thursday . The stock traded as high as $23.26 and last traded at $23.20. Approximately 767 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 7,607 shares. The stock had previously closed at $23.13.

RiverFront Strategic Income Fund Trading Up 0.3%

The business has a 50-day simple moving average of $23.14 and a two-hundred day simple moving average of $23.16.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in RiverFront Strategic Income Fund stock. Janney Montgomery Scott LLC boosted its holdings in RiverFront Strategic Income Fund (NYSEARCA:RIGS – Free Report) by 7.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,615 shares of the company’s stock after acquiring an additional 2,912 shares during the period. Janney Montgomery Scott LLC owned 1.12% of RiverFront Strategic Income Fund worth $1,038,000 as of its most recent filing with the Securities and Exchange Commission.

About RiverFront Strategic Income Fund

(Get Free Report)

The RiverFront Strategic Income Fund (RIGS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed global fixed-income portfolio that invests in various types of fixed-income securities without currency limitation. RIGS was launched on Oct 9, 2013 and is managed by RiverFront.