Virtus Total Return Fund Inc. (NYSE:ZTR) Director Sarah E. Cogan Purchases 2,200 Shares

Virtus Total Return Fund Inc. (NYSE:ZTR) Director Sarah E. Cogan purchased 2,200 shares of the firm’s stock in a transaction that occurred on Thursday, January 13th. The shares were bought at an average cost of $9.59 per share, for a total transaction of $21,098.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of NYSE ZTR opened at $9.57 on Friday. Virtus Total Return Fund Inc. has a 52-week low of $8.55 and a 52-week high of $10.41. The company’s 50 day moving average price is $9.45 and its 200-day moving average price is $9.58.

The business also recently announced a monthly dividend, which will be paid on Friday, March 18th. Investors of record on Friday, March 11th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, March 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 10.03%.

Institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC acquired a new position in shares of Virtus Total Return Fund during the 2nd quarter valued at $33,000. Stratos Wealth Partners LTD. bought a new stake in Virtus Total Return Fund during the 4th quarter valued at $101,000. Raymond James & Associates bought a new stake in Virtus Total Return Fund during the 3rd quarter valued at $118,000. Sheaff Brock Investment Advisors LLC increased its stake in Virtus Total Return Fund by 17.2% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 13,080 shares of the investment management company’s stock valued at $127,000 after purchasing an additional 1,915 shares in the last quarter. Finally, Doliver Advisors LP bought a new stake in Virtus Total Return Fund during the 3rd quarter valued at $132,000. Institutional investors own 9.01% of the company’s stock.

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.

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