RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) Insider Financial Holdings Rivernorth Purchases 1,640 Shares of Stock

Posted by Micah Haroldson on Nov 4th, 2025

RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) insider Financial Holdings Rivernorth bought 1,640 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was bought at an average price of $14.65 per share, with a total value of $24,026.00. Following the completion of the acquisition, the insider owned 34,648 shares in the company, valued at $507,593.20. This represents a 4.97% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Financial Holdings Rivernorth also recently made the following trade(s):

On Friday, October 31st, Financial Holdings Rivernorth bought 1,032 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average price of $14.66 per share, with a total value of $15,129.12.
On Friday, October 24th, Financial Holdings Rivernorth bought 4,277 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average price of $14.38 per share, with a total value of $61,503.26.
On Wednesday, October 22nd, Financial Holdings Rivernorth bought 4,277 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average price of $14.45 per share, with a total value of $61,802.65.
On Tuesday, October 21st, Financial Holdings Rivernorth bought 2,891 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average price of $14.60 per share, with a total value of $42,208.60.
On Monday, October 20th, Financial Holdings Rivernorth bought 2,794 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average price of $14.60 per share, with a total value of $40,792.40.
On Friday, October 17th, Financial Holdings Rivernorth bought 4,138 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average price of $14.62 per share, with a total value of $60,497.56.
On Thursday, October 16th, Financial Holdings Rivernorth bought 3,041 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average price of $14.69 per share, with a total value of $44,672.29.
On Wednesday, October 15th, Financial Holdings Rivernorth purchased 4,138 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average price of $14.74 per share, with a total value of $60,994.12.
On Tuesday, October 14th, Financial Holdings Rivernorth purchased 1,240 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average price of $14.68 per share, with a total value of $18,203.20.
On Monday, October 13th, Financial Holdings Rivernorth purchased 903 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average price of $14.65 per share, with a total value of $13,228.95.

RiverNorth Opportunistic Municipal Income Fund Trading Down 0.2%

NYSE RMI opened at $14.68 on Tuesday. RiverNorth Opportunistic Municipal Income Fund, Inc. has a twelve month low of $13.63 and a twelve month high of $16.74. The stock has a fifty day simple moving average of $14.42 and a 200-day simple moving average of $14.30.

RiverNorth Opportunistic Municipal Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a dividend of $0.0945 per share. The ex-dividend date is Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

Hedge Funds Weigh In On RiverNorth Opportunistic Municipal Income Fund

A number of hedge funds have recently modified their holdings of the business. Concurrent Investment Advisors LLC grew its holdings in shares of RiverNorth Opportunistic Municipal Income Fund by 25.9% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 33,470 shares of the company’s stock worth $489,000 after purchasing an additional 6,875 shares during the period. Plancorp LLC purchased a new position in RiverNorth Opportunistic Municipal Income Fund during the 3rd quarter valued at about $308,000. Osaic Holdings Inc. boosted its holdings in RiverNorth Opportunistic Municipal Income Fund by 17.0% during the 2nd quarter. Osaic Holdings Inc. now owns 15,909 shares of the company’s stock valued at $227,000 after acquiring an additional 2,315 shares during the period. Bank of America Corp DE boosted its holdings in RiverNorth Opportunistic Municipal Income Fund by 574.5% during the 2nd quarter. Bank of America Corp DE now owns 16,457 shares of the company’s stock valued at $235,000 after acquiring an additional 14,017 shares during the period. Finally, River Street Advisors LLC purchased a new position in RiverNorth Opportunistic Municipal Income Fund during the 2nd quarter valued at about $294,000.

About RiverNorth Opportunistic Municipal Income Fund

(Get Free Report)

The RiverNorth Opportunistic Municipal Income Fund, Inc (the “Fund”) seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.