Virtus Diversified Income & Convertible Fund (NYSE:ACV) Shares Cross Above 200-Day Moving Average – Time to Sell?

Posted by ABMN Staff on Jul 10th, 2026

Virtus Diversified Income & Convertible Fund (NYSE:ACV – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.87 and traded as high as $28.44. Virtus Diversified Income & Convertible Fund shares last traded at $28.3050, with a volume of 14,515 shares.

Virtus Diversified Income & Convertible Fund Stock Up 1.3%

The company’s 50 day moving average is $27.58 and its 200 day moving average is $26.87.

Virtus Diversified Income & Convertible Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. Virtus Diversified Income & Convertible Fund’s dividend payout ratio (DPR) is 153.94%.

Institutional Trading of Virtus Diversified Income & Convertible Fund

Several institutional investors and hedge funds have recently modified their holdings of ACV. Newbridge Financial Services Group Inc. bought a new position in Virtus Diversified Income & Convertible Fund in the second quarter worth approximately $27,000. CENTRAL TRUST Co purchased a new position in Virtus Diversified Income & Convertible Fund during the 1st quarter worth $36,000. International Assets Investment Management LLC bought a new stake in Virtus Diversified Income & Convertible Fund during the 4th quarter valued at $73,000. Kestra Advisory Services LLC bought a new stake in Virtus Diversified Income & Convertible Fund during the 4th quarter valued at $144,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Virtus Diversified Income & Convertible Fund during the 4th quarter valued at $205,000.

Virtus Diversified Income & Convertible Fund Company Profile

(Get Free Report)

Virtus Diversified Income & Convertible Fund (NYSE:ACV) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund maintains a diversified portfolio of convertible securities, corporate bonds, dividend-paying common stocks and preferred securities. By blending credit and equity-linked instruments, ACV aims to generate attractive yield while participating in potential upside as issuers’ share prices appreciate.

The fund is managed by Virtus Investment Partners and employs a bottom-up, research-driven process to identify opportunities across sectors and geographies.