Virtus Total Return Fund Inc. $ZTR Stake Boosted by North Ground Capital

North Ground Capital increased its stake in shares of Virtus Total Return Fund Inc. (NYSE:ZTR) by 121.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,197,000 shares of the investment management company’s stock after buying an additional 656,500 shares during the period. Virtus Total Return Fund comprises about 4.8% of North Ground Capital’s holdings, making the stock its 5th biggest position. North Ground Capital’s holdings in Virtus Total Return Fund were worth $7,721,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in ZTR. Concurrent Investment Advisors LLC boosted its stake in Virtus Total Return Fund by 18.6% in the second quarter. Concurrent Investment Advisors LLC now owns 12,092 shares of the investment management company’s stock valued at $75,000 after acquiring an additional 1,900 shares during the last quarter. Wedbush Securities Inc. bought a new stake in shares of Virtus Total Return Fund in the 2nd quarter worth approximately $107,000. Tactive Advisors LLC purchased a new position in Virtus Total Return Fund in the second quarter valued at approximately $131,000. Osaic Holdings Inc. lifted its stake in Virtus Total Return Fund by 150.8% in the second quarter. Osaic Holdings Inc. now owns 65,798 shares of the investment management company’s stock valued at $410,000 after purchasing an additional 39,567 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Virtus Total Return Fund by 74.9% during the 2nd quarter. Invesco Ltd. now owns 71,282 shares of the investment management company’s stock valued at $444,000 after buying an additional 30,517 shares during the last quarter. Institutional investors own 47.14% of the company’s stock.

Virtus Total Return Fund Trading Down 0.1%

ZTR stock opened at $6.31 on Monday. The stock has a fifty day moving average of $6.37 and a 200-day moving average of $6.35. Virtus Total Return Fund Inc. has a fifty-two week low of $5.22 and a fifty-two week high of $6.66.

Virtus Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 12th will be issued a $0.05 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date of this dividend is Thursday, February 12th.

About Virtus Total Return Fund

Virtus Total Return Fund, Inc (NYSE: ZTR) is a closed-end management investment company that seeks to provide investors with high total return with moderate income. The fund, which began operations in 2005, trades on the New York Stock Exchange and is sponsored by Virtus Investment Partners. ZTR offers investors access to a diversified mix of fixed-income and equity opportunities within a single vehicle.

To pursue its stated objective, the fund typically allocates across a broad range of asset classes, including corporate debt securities, high-yield bonds, convertible securities, preferred stocks, common stocks and real estate investment trusts (REITs).