Everstar Asset Management LLC Sells 1,262 Shares of RiverNorth Opportunities Fund, Inc. (NYSE:RIV)

Everstar Asset Management LLC reduced its stake in RiverNorth Opportunities Fund, Inc. (NYSE:RIV) by 1.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 83,084 shares of the company’s stock after selling 1,262 shares during the quarter. Everstar Asset Management LLC’s holdings in RiverNorth Opportunities Fund were worth $955,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. SeaCrest Wealth Management LLC lifted its position in shares of RiverNorth Opportunities Fund by 7.2% during the fourth quarter. SeaCrest Wealth Management LLC now owns 24,086 shares of the company’s stock valued at $277,000 after purchasing an additional 1,608 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in RiverNorth Opportunities Fund by 10.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 16,600 shares of the company’s stock valued at $191,000 after buying an additional 1,600 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of RiverNorth Opportunities Fund by 2.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 44,274 shares of the company’s stock worth $509,000 after buying an additional 995 shares in the last quarter. Independent Advisor Alliance purchased a new position in shares of RiverNorth Opportunities Fund in the 4th quarter worth approximately $115,000. Finally, Principal Securities Inc. grew its holdings in shares of RiverNorth Opportunities Fund by 6.6% in the fourth quarter. Principal Securities Inc. now owns 165,714 shares of the company’s stock valued at $1,904,000 after acquiring an additional 10,247 shares in the last quarter.

RiverNorth Opportunities Fund Trading Up 0.2 %

Shares of RiverNorth Opportunities Fund stock opened at $11.85 on Monday. The business’s fifty day simple moving average is $12.09 and its 200 day simple moving average is $12.29. RiverNorth Opportunities Fund, Inc. has a 12 month low of $11.20 and a 12 month high of $12.96.

RiverNorth Opportunities Fund Cuts Dividend

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

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.