CoreCap Advisors LLC Has $134,000 Position in RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP)

CoreCap Advisors LLC grew its position in RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPPFree Report) by 11.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,000 shares of the company’s stock after purchasing an additional 1,600 shares during the period. CoreCap Advisors LLC’s holdings in RiverNorth/DoubleLine Strategic Opportunity Fund were worth $134,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of OPP. Rockefeller Capital Management L.P. increased its position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 23.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 8,000 shares of the company’s stock worth $69,000 after acquiring an additional 1,500 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of RiverNorth/DoubleLine Strategic Opportunity Fund during the third quarter worth $82,000. Bank of America Corp DE grew its position in RiverNorth/DoubleLine Strategic Opportunity Fund by 20.5% in the fourth quarter. Bank of America Corp DE now owns 9,693 shares of the company’s stock valued at $84,000 after purchasing an additional 1,646 shares in the last quarter. Strategic Financial Concepts LLC grew its position in RiverNorth/DoubleLine Strategic Opportunity Fund by 18.4% in the third quarter. Strategic Financial Concepts LLC now owns 12,200 shares of the company’s stock valued at $97,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Comerica Bank bought a new position in RiverNorth/DoubleLine Strategic Opportunity Fund in the third quarter valued at $124,000.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Up 1.2 %

RiverNorth/DoubleLine Strategic Opportunity Fund stock opened at $8.62 on Friday. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has a 1-year low of $7.26 and a 1-year high of $8.83. The company has a fifty day simple moving average of $8.35 and a 200 day simple moving average of $8.14.

RiverNorth/DoubleLine Strategic Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a $0.1003 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 13.96%. The ex-dividend date was Thursday, March 14th.

RiverNorth/DoubleLine Strategic Opportunity Fund Company Profile

(Free Report)

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S.

Further Reading

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Institutional Ownership by Quarter for RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP)

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