Penserra Capital Management LLC Buys 23,490 Shares of Virtus Total Return Fund Inc. $ZTR

Penserra Capital Management LLC raised its stake in shares of Virtus Total Return Fund Inc. (NYSE:ZTR) by 3.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 794,894 shares of the investment management company’s stock after purchasing an additional 23,490 shares during the period. Penserra Capital Management LLC owned 1.43% of Virtus Total Return Fund worth $4,952,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC purchased a new stake in shares of Virtus Total Return Fund in the first quarter worth about $61,000. XTX Topco Ltd purchased a new position in Virtus Total Return Fund during the 1st quarter valued at approximately $71,000. Integrity Alliance LLC. bought a new stake in Virtus Total Return Fund in the 1st quarter worth approximately $76,000. Pasadena Private Wealth LLC bought a new stake in Virtus Total Return Fund in the 1st quarter worth approximately $86,000. Finally, Wedbush Securities Inc. purchased a new stake in shares of Virtus Total Return Fund during the 2nd quarter worth approximately $107,000. Hedge funds and other institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Trading Up 0.2%

NYSE ZTR opened at $6.46 on Monday. The stock has a 50 day moving average price of $6.42 and a 200-day moving average price of $6.25. Virtus Total Return Fund Inc. has a one year low of $5.22 and a one year high of $6.66.

Virtus Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, November 13th. This represents a c) annualized dividend and a yield of 9.3%.

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.