Total Wealth Planning & Management Inc. Has $332,000 Stake in RiverNorth Opportunities Fund, Inc. $RIV

Total Wealth Planning & Management Inc. boosted its position in shares of RiverNorth Opportunities Fund, Inc. (NYSE:RIV) by 3.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,108 shares of the company’s stock after buying an additional 907 shares during the period. Total Wealth Planning & Management Inc.’s holdings in RiverNorth Opportunities Fund were worth $332,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new stake in shares of RiverNorth Opportunities Fund in the 2nd quarter valued at approximately $265,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of RiverNorth Opportunities Fund in the 2nd quarter valued at approximately $40,000. Royal Bank of Canada boosted its stake in shares of RiverNorth Opportunities Fund by 25.2% in the 1st quarter. Royal Bank of Canada now owns 199,111 shares of the company’s stock valued at $2,348,000 after purchasing an additional 40,031 shares in the last quarter. Baird Financial Group Inc. boosted its stake in shares of RiverNorth Opportunities Fund by 15.7% in the 1st quarter. Baird Financial Group Inc. now owns 115,428 shares of the company’s stock valued at $1,361,000 after purchasing an additional 15,700 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new stake in shares of RiverNorth Opportunities Fund in the 1st quarter valued at approximately $108,000.

RiverNorth Opportunities Fund Stock Performance

RIV opened at $11.99 on Friday. The company’s 50 day moving average is $12.23 and its 200-day moving average is $11.97. RiverNorth Opportunities Fund, Inc. has a 1-year low of $10.11 and a 1-year high of $12.90.

RiverNorth Opportunities Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.1277 dividend. This represents a c) dividend on an annualized basis and a yield of 12.8%. The ex-dividend date is Monday, December 15th.

RiverNorth Opportunities Fund 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.