Wsfs Capital Management LLC Sells 2,348 Shares of Rivernorth Opportunities Fund Inc (NYSE:RIV)

Wsfs Capital Management LLC trimmed its stake in shares of Rivernorth Opportunities Fund Inc (NYSE:RIV) by 6.0% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 36,640 shares of the company’s stock after selling 2,348 shares during the quarter. Wsfs Capital Management LLC’s holdings in Rivernorth Opportunities Fund were worth $624,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in RIV. Advisor Group Inc. lifted its position in shares of Rivernorth Opportunities Fund by 59.2% during the 2nd quarter. Advisor Group Inc. now owns 4,775 shares of the company’s stock valued at $81,000 after acquiring an additional 1,775 shares during the period. Mid Atlantic Financial Management Inc. ADV bought a new stake in shares of Rivernorth Opportunities Fund during the 1st quarter valued at $201,000. Wedbush Securities Inc. bought a new stake in shares of Rivernorth Opportunities Fund during the 2nd quarter valued at $236,000. Finally, SeaCrest Wealth Management LLC raised its holdings in shares of Rivernorth Opportunities Fund by 99.1% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 14,050 shares of the company’s stock worth $239,000 after buying an additional 6,992 shares in the last quarter.

Shares of Rivernorth Opportunities Fund stock traded up $0.08 during trading on Thursday, reaching $17.51. 437 shares of the company’s stock were exchanged, compared to its average volume of 34,787. Rivernorth Opportunities Fund Inc has a 1-year low of $14.20 and a 1-year high of $19.01. The firm’s 50-day moving average price is $17.05 and its 200 day moving average price is $16.98.

The firm also recently declared a dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, September 16th.

In other news, insider Rivernorth Capital Management, sold 3,624 shares of the business’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $16.95, for a total transaction of $61,426.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 38,558 shares of company stock valued at $670,368 in the last three months.

About Rivernorth Opportunities Fund

There is no company description available for RiverNorth Opportunities.

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Institutional Ownership by Quarter for Rivernorth Opportunities Fund (NYSE:RIV)

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