RiverFront Strategic Income Fund (NYSEARCA:RIGS – Get Free Report) shares were down 2.4% on Friday . The company traded as low as $22.14 and last traded at $22.16. Approximately 4,880 shares traded hands during trading, a decline of 58% from the average daily volume of 11,662 shares. The stock had previously closed at $22.70.
RiverFront Strategic Income Fund Stock Down 2.4%
The company has a 50 day moving average of $22.83 and a 200 day moving average of $23.01.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in RiverFront Strategic Income Fund stock. Claris Financial LLC purchased a new position in shares of RiverFront Strategic Income Fund (NYSEARCA:RIGS – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,862 shares of the company’s stock, valued at approximately $481,000. Claris Financial LLC owned about 0.68% of RiverFront Strategic Income Fund as of its most recent SEC filing.
RiverFront Strategic Income Fund Company Profile
The RiverFront Strategic Income Fund (RIGS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed global fixed-income portfolio that invests in various types of fixed-income securities without currency limitation. RIGS was launched on Oct 9, 2013 and is managed by RiverFront.
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