Virtus Dividend, Interest & Premium Strategy Fund to Issue Quarterly Dividend of $0.31 (NYSE:NFJ)

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) declared a quarterly dividend on Wednesday, August 27th. Shareholders of record on Friday, September 12th will be paid a dividend of 0.305 per share by the investment management company on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date of this dividend is Friday, September 12th.

Virtus Dividend, Interest & Premium Strategy Fund Price Performance

Shares of Virtus Dividend, Interest & Premium Strategy Fund stock opened at $13.09 on Wednesday. The business’s fifty day moving average is $12.75 and its two-hundred day moving average is $12.23. Virtus Dividend, Interest & Premium Strategy Fund has a fifty-two week low of $10.02 and a fifty-two week high of $13.30.

Institutional Trading of Virtus Dividend, Interest & Premium Strategy Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Pinnacle Bancorp Inc. acquired a new stake in shares of Virtus Dividend, Interest & Premium Strategy Fund during the 2nd quarter worth $31,000. Winnow Wealth LLC acquired a new stake in shares of Virtus Dividend, Interest & Premium Strategy Fund during the 2nd quarter worth $32,000. CWM LLC increased its holdings in shares of Virtus Dividend, Interest & Premium Strategy Fund by 33.7% during the 2nd quarter. CWM LLC now owns 3,958 shares of the investment management company’s stock worth $49,000 after buying an additional 998 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Virtus Dividend, Interest & Premium Strategy Fund by 34.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,269 shares of the investment management company’s stock worth $88,000 after buying an additional 1,864 shares during the last quarter. Finally, Elequin Capital LP acquired a new stake in shares of Virtus Dividend, Interest & Premium Strategy Fund during the 1st quarter worth $103,000.

About Virtus Dividend, Interest & Premium Strategy Fund

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States.