Gridiron Partners LLC Sells 1,430,173 Shares of Virtus Total Return Fund Inc. $ZTR

Gridiron Partners LLC lowered its position in Virtus Total Return Fund Inc. (NYSE:ZTR) by 99.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,282 shares of the investment management company’s stock after selling 1,430,173 shares during the period. Gridiron Partners LLC’s holdings in Virtus Total Return Fund were worth $77,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of ZTR. North Ground Capital boosted its stake in Virtus Total Return Fund by 121.5% in the third quarter. North Ground Capital now owns 1,197,000 shares of the investment management company’s stock valued at $7,721,000 after acquiring an additional 656,500 shares in the last quarter. Alpine Global Management LLC acquired a new position in shares of Virtus Total Return Fund during the third quarter worth $4,064,000. Sculptor Capital LP lifted its holdings in shares of Virtus Total Return Fund by 9.8% during the 2nd quarter. Sculptor Capital LP now owns 346,864 shares of the investment management company’s stock valued at $2,161,000 after purchasing an additional 30,833 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of Virtus Total Return Fund by 11.9% during the 3rd quarter. Private Advisor Group LLC now owns 294,545 shares of the investment management company’s stock valued at $1,900,000 after purchasing an additional 31,206 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of 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 worth $410,000 after purchasing an additional 39,567 shares in the last quarter. Institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Stock Performance

Shares of ZTR stock opened at $6.53 on Friday. Virtus Total Return Fund Inc. has a 1-year low of $5.22 and a 1-year high of $7.11. The stock’s fifty day moving average price is $6.68 and its 200 day moving average price is $6.49.

Virtus Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Monday, May 11th will be issued a $0.05 dividend. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Monday, May 11th.

About Virtus Total Return Fund

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).