B. Riley Wealth Advisors Inc. Acquires 18,219 Shares of RiverNorth Opportunities Fund, Inc. (NYSE:RIV)

B. Riley Wealth Advisors Inc. grew its holdings in shares of RiverNorth Opportunities Fund, Inc. (NYSE:RIV) by 9.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 211,669 shares of the company’s stock after buying an additional 18,219 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in RiverNorth Opportunities Fund were worth $2,328,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of RIV. National Bank of Canada FI acquired a new position in shares of RiverNorth Opportunities Fund during the fourth quarter worth approximately $29,000. Blue Bell Private Wealth Management LLC acquired a new position in shares of RiverNorth Opportunities Fund during the fourth quarter worth approximately $49,000. Transcend Capital Advisors LLC acquired a new position in shares of RiverNorth Opportunities Fund during the fourth quarter worth approximately $132,000. Atria Wealth Solutions Inc. acquired a new position in shares of RiverNorth Opportunities Fund during the fourth quarter worth approximately $134,000. Finally, CoreCap Advisors LLC raised its position in shares of RiverNorth Opportunities Fund by 14.8% during the fourth quarter. CoreCap Advisors LLC now owns 12,425 shares of the company’s stock worth $137,000 after purchasing an additional 1,600 shares during the period.

RiverNorth Opportunities Fund Stock Down 0.5 %

Shares of NYSE:RIV opened at $11.99 on Wednesday. RiverNorth Opportunities Fund, Inc. has a twelve month low of $9.63 and a twelve month high of $12.43. The stock’s 50 day moving average is $11.96 and its 200-day moving average is $11.67.

RiverNorth Opportunities Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a $0.1289 dividend. This represents a $1.55 dividend on an annualized basis and a yield of 12.91%. The ex-dividend date of this dividend is Friday, June 14th.

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.