Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Stock Price Up 0.4%

Shares of Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) rose 0.4% during trading on Wednesday . The company traded as high as $20.03 and last traded at $20.03. Approximately 130,853 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 139,051 shares. The stock had previously closed at $19.95.

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

The business’s 50 day moving average is $19.29 and its 200 day moving average is $17.74.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 13th will be paid a dividend of $0.15 per share. This represents a yield of 9.2%. The ex-dividend date is Thursday, June 13th.

Institutional Trading of Virtus Artificial Intelligence & Technology Opportunities Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Creekmur Asset Management LLC acquired a new stake in Virtus Artificial Intelligence & Technology Opportunities Fund during the 4th quarter valued at approximately $139,000. GTS Securities LLC acquired a new stake in Virtus Artificial Intelligence & Technology Opportunities Fund during the 4th quarter valued at approximately $191,000. Kestra Advisory Services LLC increased its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 30.4% during the 4th quarter. Kestra Advisory Services LLC now owns 34,503 shares of the company’s stock valued at $600,000 after purchasing an additional 8,053 shares in the last quarter. LM Advisors LLC purchased a new position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund during the 4th quarter valued at approximately $81,000. Finally, Karpus Management Inc. increased its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 3.8% during the 4th quarter. Karpus Management Inc. now owns 954,715 shares of the company’s stock valued at $16,612,000 after purchasing an additional 34,806 shares in the last quarter.

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

The Fund seeks to generate a stable income stream and growth of capital by focusing on one of the most significant long-term secular growth opportunities in markets today. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company’s debt and equity in order to offer an attractive risk/reward profile.