Rivernorth Opportunities Fund Inc (NYSE:RIV) Portfolio Manager Stephen Andrew O’neill Buys 2,500 Shares of Stock

Rivernorth Opportunities Fund Inc (NYSE:RIV) Portfolio Manager Stephen Andrew O’neill acquired 2,500 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average cost of $9.38 per share, for a total transaction of $23,450.00. Following the completion of the transaction, the portfolio manager now directly owns 47,222 shares in the company, valued at approximately $442,942.36. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

RIV stock traded up $1.00 during trading on Thursday, hitting $12.64. 7,473 shares of the stock traded hands, compared to its average volume of 97,478. Rivernorth Opportunities Fund Inc has a 1 year low of $8.65 and a 1 year high of $17.75. The firm’s 50 day moving average is $14.98 and its two-hundred day moving average is $16.20.

The business also recently declared a — dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.18 per share. This represents a dividend yield of 15.3%. The ex-dividend date of this dividend is Monday, June 15th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisor Group Inc. boosted its holdings in shares of Rivernorth Opportunities Fund by 118.0% during the 4th quarter. Advisor Group Inc. now owns 11,825 shares of the company’s stock valued at $193,000 after acquiring an additional 6,400 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Rivernorth Opportunities Fund by 12.6% during the 4th quarter. Bank of America Corp DE now owns 13,503 shares of the company’s stock valued at $220,000 after acquiring an additional 1,510 shares during the last quarter. Wedbush Securities Inc. boosted its holdings in shares of Rivernorth Opportunities Fund by 12.6% during the 4th quarter. Wedbush Securities Inc. now owns 16,419 shares of the company’s stock valued at $268,000 after acquiring an additional 1,840 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Rivernorth Opportunities Fund by 44.6% during the 4th quarter. Stifel Financial Corp now owns 21,834 shares of the company’s stock valued at $358,000 after acquiring an additional 6,734 shares during the last quarter. Finally, Cornerstone Advisors LLC purchased a new stake in shares of Rivernorth Opportunities Fund during the 4th quarter valued at about $394,000.

Rivernorth Opportunities Fund Company Profile

There is no company description available for RiverNorth Opportunities.

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Insider Buying and Selling by Quarter for Rivernorth Opportunities Fund (NYSE:RIV)

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