RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) Insider Financial Holdings Rivernorth Purchases 6,642 Shares of Stock

Posted by Alphonse Anthony on Nov 19th, 2025

RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) insider Financial Holdings Rivernorth purchased 6,642 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were bought at an average price of $14.54 per share, for a total transaction of $96,574.68. Following the completion of the transaction, the insider directly owned 69,867 shares in the company, valued at approximately $1,015,866.18. This trade represents a 10.51% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

On Friday, November 14th, Financial Holdings Rivernorth acquired 7,045 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were bought at an average price of $14.50 per share, with a total value of $102,152.50.
On Thursday, November 13th, Financial Holdings Rivernorth bought 3,664 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average cost of $14.60 per share, for a total transaction of $53,494.40.
On Tuesday, November 11th, Financial Holdings Rivernorth purchased 1,657 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average cost of $14.65 per share, for a total transaction of $24,275.05.
On Monday, November 10th, Financial Holdings Rivernorth purchased 1,301 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average cost of $14.54 per share, for a total transaction of $18,916.54.
On Friday, November 7th, Financial Holdings Rivernorth acquired 6,857 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were bought at an average price of $14.51 per share, for a total transaction of $99,495.07.
On Wednesday, November 5th, Financial Holdings Rivernorth acquired 1,226 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average cost of $14.67 per share, with a total value of $17,985.42.
On Tuesday, November 4th, Financial Holdings Rivernorth bought 6,857 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were bought at an average cost of $14.69 per share, for a total transaction of $100,729.33.
On Monday, November 3rd, Financial Holdings Rivernorth purchased 1,640 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was bought at an average cost of $14.65 per share, with a total value of $24,026.00.
On Friday, October 31st, Financial Holdings Rivernorth acquired 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 acquired 4,277 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were bought at an average price of $14.38 per share, for a total transaction of $61,503.26.

RiverNorth Opportunistic Municipal Income Fund Stock Performance

RMI opened at $14.55 on Wednesday. The business has a 50 day moving average price of $14.56 and a two-hundred day moving average price of $14.33. RiverNorth Opportunistic Municipal Income Fund, Inc. has a 1-year low of $13.63 and a 1-year high of $16.74.

RiverNorth Opportunistic Municipal Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given a $0.0945 dividend. The ex-dividend date is Monday, December 15th. This represents a c) annualized dividend and a yield of 7.8%.

Hedge Funds Weigh In On RiverNorth Opportunistic Municipal Income Fund

Several large investors have recently made changes to their positions in the business. UBS Group AG raised its holdings in shares of RiverNorth Opportunistic Municipal Income Fund by 2.8% in the 3rd quarter. UBS Group AG now owns 161,653 shares of the company’s stock worth $2,363,000 after purchasing an additional 4,472 shares in the last quarter. Bank of America Corp DE grew its position in RiverNorth Opportunistic Municipal Income Fund by 176.7% in the third quarter. Bank of America Corp DE now owns 45,533 shares of the company’s stock worth $666,000 after buying an additional 29,076 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in RiverNorth Opportunistic Municipal Income Fund in the third quarter worth approximately $494,000. Concurrent Investment Advisors LLC increased its holdings in shares of RiverNorth Opportunistic Municipal Income Fund by 25.9% in the third quarter. Concurrent Investment Advisors LLC now owns 33,470 shares of the company’s stock valued at $489,000 after buying an additional 6,875 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of RiverNorth Opportunistic Municipal Income Fund by 129.6% during the 1st quarter. Apollon Wealth Management LLC now owns 24,535 shares of the company’s stock valued at $366,000 after acquiring an additional 13,850 shares during the last quarter.

RiverNorth Opportunistic Municipal Income Fund Company Profile

(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.