Future Financial Wealth Managment LLC acquired a new stake in RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,500 shares of the company’s stock, valued at approximately $73,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of OPP. Integrated Capital Management Inc. raised its holdings in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 7.2% in the 1st quarter. Integrated Capital Management Inc. now owns 20,193 shares of the company’s stock valued at $174,000 after purchasing an additional 1,363 shares in the last quarter. CoreCap Advisors LLC increased its holdings in RiverNorth/DoubleLine Strategic Opportunity Fund by 11.1% in the fourth quarter. CoreCap Advisors LLC now owns 16,000 shares of the company’s stock valued at $134,000 after buying an additional 1,600 shares during the last quarter. Verity Asset Management Inc. raised its stake in RiverNorth/DoubleLine Strategic Opportunity Fund by 6.0% in the fourth quarter. Verity Asset Management Inc. now owns 38,543 shares of the company’s stock valued at $322,000 after buying an additional 2,195 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in RiverNorth/DoubleLine Strategic Opportunity Fund by 10.1% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 32,579 shares of the company’s stock worth $272,000 after buying an additional 3,000 shares during the last quarter. Finally, 1607 Capital Partners LLC boosted its position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 6.5% during the 4th quarter. 1607 Capital Partners LLC now owns 147,850 shares of the company’s stock worth $1,236,000 after acquiring an additional 9,000 shares in the last quarter.
RiverNorth/DoubleLine Strategic Opportunity Fund Price Performance
Shares of NYSE OPP opened at $8.68 on Thursday. The stock’s 50-day simple moving average is $8.50 and its 200-day simple moving average is $8.42. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has a fifty-two week low of $7.26 and a fifty-two week high of $8.83.
RiverNorth/DoubleLine Strategic Opportunity Fund Announces Dividend
RiverNorth/DoubleLine Strategic Opportunity Fund Profile
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S.
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