RiverNorth Opportunities Fund, Inc. (NYSE:RIV) Shares Purchased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. boosted its stake in shares of RiverNorth Opportunities Fund, Inc. (NYSE:RIV) by 499.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 113,390 shares of the company’s stock after purchasing an additional 94,486 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in RiverNorth Opportunities Fund were worth $1,303,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. GHP Investment Advisors Inc. purchased a new position in shares of RiverNorth Opportunities Fund during the 3rd quarter worth $27,000. Strategic Financial Concepts LLC increased its position in RiverNorth Opportunities Fund by 10.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 16,600 shares of the company’s stock worth $191,000 after purchasing an additional 1,600 shares during the last quarter. SeaCrest Wealth Management LLC raised its stake in RiverNorth Opportunities Fund by 7.2% during the fourth quarter. SeaCrest Wealth Management LLC now owns 24,086 shares of the company’s stock worth $277,000 after purchasing an additional 1,608 shares during the period. Sheaff Brock Investment Advisors LLC boosted its holdings in RiverNorth Opportunities Fund by 25.8% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 42,780 shares of the company’s stock valued at $492,000 after purchasing an additional 8,780 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new stake in shares of RiverNorth Opportunities Fund in the 3rd quarter valued at approximately $568,000.

RiverNorth Opportunities Fund Stock Down 0.0 %

RIV stock opened at $12.35 on Monday. RiverNorth Opportunities Fund, Inc. has a one year low of $11.20 and a one year high of $12.96. The firm’s 50 day moving average price is $12.04 and its 200-day moving average price is $12.36.

RiverNorth Opportunities Fund Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a $0.1277 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a yield of 12.64%.

RiverNorth Opportunities Fund Company Profile

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.