Rivernorth Opportunities Fund Inc (NYSE:RIV) Insider Sells $92,514.61 in Stock

Rivernorth Opportunities Fund Inc (NYSE:RIV) insider Rivernorth Capital Management, sold 5,471 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $16.91, for a total transaction of $92,514.61. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Rivernorth Capital Management, also recently made the following trade(s):

  • On Friday, June 21st, Rivernorth Capital Management, sold 2,581 shares of Rivernorth Opportunities Fund stock. The shares were sold at an average price of $17.08, for a total transaction of $44,083.48.
  • On Tuesday, June 18th, Rivernorth Capital Management, sold 513 shares of Rivernorth Opportunities Fund stock. The shares were sold at an average price of $17.07, for a total transaction of $8,756.91.
  • On Thursday, June 13th, Rivernorth Capital Management, sold 7,720 shares of Rivernorth Opportunities Fund stock. The shares were sold at an average price of $16.97, for a total transaction of $131,008.40.
  • On Monday, May 6th, Rivernorth Capital Management, sold 5,500 shares of Rivernorth Opportunities Fund stock. The shares were sold at an average price of $17.22, for a total transaction of $94,710.00.
  • On Thursday, May 2nd, Rivernorth Capital Management, sold 5,500 shares of Rivernorth Opportunities Fund stock. The shares were sold at an average price of $17.06, for a total transaction of $93,830.00.

NYSE RIV opened at $17.04 on Friday. The firm has a 50-day moving average of $16.95. Rivernorth Opportunities Fund Inc has a 12 month low of $14.20 and a 12 month high of $21.10.

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $2.04 dividend on an annualized basis and a yield of 11.97%.

Large investors have recently modified their holdings of the business. Advisor Group Inc. increased its stake in Rivernorth Opportunities Fund by 50.0% during the fourth quarter. Advisor Group Inc. now owns 3,000 shares of the company’s stock worth $49,000 after purchasing an additional 1,000 shares during the period. Mid Atlantic Financial Management Inc. ADV purchased a new stake in Rivernorth Opportunities Fund during the first quarter worth about $201,000. Stifel Financial Corp purchased a new stake in Rivernorth Opportunities Fund during the fourth quarter worth about $238,000. Bank of America Corp DE increased its stake in shares of Rivernorth Opportunities Fund by 17.1% during the fourth quarter. Bank of America Corp DE now owns 33,080 shares of the company’s stock worth $538,000 after buying an additional 4,841 shares during the period. Finally, Raymond James & Associates increased its stake in shares of Rivernorth Opportunities Fund by 31.5% during the fourth quarter. Raymond James & Associates now owns 76,882 shares of the company’s stock worth $1,249,000 after buying an additional 18,417 shares during the period.

Rivernorth Opportunities Fund Company Profile

There is no company description available for RiverNorth Opportunities.

Featured Story: What is Forex?

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

Receive News & Ratings for Rivernorth Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rivernorth Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.