Park Avenue Securities LLC Sells 7,761 Shares of Virtus Total Return Fund Inc. $ZTR

Park Avenue Securities LLC reduced its position in shares of Virtus Total Return Fund Inc. (NYSE:ZTR) by 3.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 226,703 shares of the investment management company’s stock after selling 7,761 shares during the quarter. Park Avenue Securities LLC owned 0.41% of Virtus Total Return Fund worth $1,412,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ZTR. Tabor Asset Management LP bought a new stake in shares of Virtus Total Return Fund during the first quarter valued at approximately $4,055,000. North Ground Capital increased its stake in shares of Virtus Total Return Fund by 2,931.3% in the 1st quarter. North Ground Capital now owns 485,000 shares of the investment management company’s stock worth $2,929,000 after purchasing an additional 469,000 shares in the last quarter. Wolverine Asset Management LLC bought a new position in shares of Virtus Total Return Fund during the 1st quarter valued at approximately $1,876,000. Envestnet Asset Management Inc. grew its stake in shares of Virtus Total Return Fund by 2.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 258,888 shares of the investment management company’s stock valued at $1,546,000 after acquiring an additional 7,129 shares during the period. Finally, J.W. Cole Advisors Inc. grew its stake in shares of Virtus Total Return Fund by 266.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 170,061 shares of the investment management company’s stock valued at $1,015,000 after acquiring an additional 123,711 shares during the period. 47.14% of the stock is currently owned by institutional investors.

Virtus Total Return Fund Trading Down 0.1%

ZTR opened at $6.30 on Friday. The company has a 50 day simple moving average of $6.26 and a two-hundred day simple moving average of $6.09. Virtus Total Return Fund Inc. has a 1-year low of $5.22 and a 1-year high of $6.40.

Virtus Total Return Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Thursday, November 13th will be issued a dividend of $0.05 per share. This represents a c) annualized dividend and a dividend yield of 9.5%. The ex-dividend date of this dividend is Thursday, November 13th.

About Virtus Total Return Fund

Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.