RiverNorth Opportunities Fund, Inc. (NYSE:RIV) Shares Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. grew its stake in RiverNorth Opportunities Fund, Inc. (NYSE:RIV) by 2.0% during the 3rd quarter, Holdings Channel reports. The fund owned 253,229 shares of the company’s stock after acquiring an additional 4,989 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in RiverNorth Opportunities Fund were worth $3,273,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. GHP Investment Advisors Inc. acquired a new position in shares of RiverNorth Opportunities Fund in the third quarter valued at approximately $27,000. SeaCrest Wealth Management LLC lifted its position in RiverNorth Opportunities Fund by 8.3% during the third quarter. SeaCrest Wealth Management LLC now owns 22,478 shares of the company’s stock worth $290,000 after buying an additional 1,725 shares during the period. Calamos Advisors LLC lifted its position in RiverNorth Opportunities Fund by 27.6% during the second quarter. Calamos Advisors LLC now owns 30,271 shares of the company’s stock worth $371,000 after buying an additional 6,549 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in RiverNorth Opportunities Fund in the 3rd quarter worth about $568,000. Finally, Nations Financial Group Inc. IA ADV grew its holdings in RiverNorth Opportunities Fund by 1.4% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 89,676 shares of the company’s stock valued at $1,099,000 after buying an additional 1,226 shares during the period.

RiverNorth Opportunities Fund Trading Down 0.6 %

Shares of RIV stock opened at $12.39 on Friday. The firm’s 50-day simple moving average is $12.59 and its 200-day simple moving average is $12.42. RiverNorth Opportunities Fund, Inc. has a 1-year low of $10.90 and a 1-year high of $12.96.

RiverNorth Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a dividend of $0.1289 per share. This represents a $1.55 dividend on an annualized basis and a yield of 12.48%. The ex-dividend date of this dividend is Friday, December 13th.

About RiverNorth Opportunities Fund

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.