Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Trading Down 0.2% – Here’s What Happened

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIOGet Free Report) shares dropped 0.2% during mid-day trading on Friday . The company traded as low as $24.51 and last traded at $24.69. Approximately 121,048 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 91,765 shares. The stock had previously closed at $24.75.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Down 0.2%

The stock has a fifty day simple moving average of $22.67 and a 200-day simple moving average of $22.90.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Announcement

The firm also recently announced a — dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 11th will be issued a $0.15 dividend. This represents a yield of 7.5%. The ex-dividend date is Monday, August 11th.

Institutional Trading of Virtus Artificial Intelligence & Technology Opportunities Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 5.0% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,197 shares of the company’s stock valued at $473,000 after buying an additional 907 shares during the last quarter. LPL Financial LLC grew its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 1.6% in the 4th quarter. LPL Financial LLC now owns 57,571 shares of the company’s stock valued at $1,420,000 after buying an additional 920 shares during the last quarter. First Trust Advisors LP grew its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 2.3% in the 4th quarter. First Trust Advisors LP now owns 40,342 shares of the company’s stock valued at $995,000 after buying an additional 925 shares during the last quarter. David J Yvars Group grew its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 9.4% in the 1st quarter. David J Yvars Group now owns 13,293 shares of the company’s stock valued at $274,000 after buying an additional 1,139 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Virtus Artificial Intelligence & Technology Opportunities Fund by 6.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 18,964 shares of the company’s stock valued at $468,000 after buying an additional 1,151 shares during the last quarter.

About Virtus Artificial Intelligence & Technology Opportunities Fund

(Get Free Report)

The Fund seeks to generate a stable income stream and growth of capital by focusing on one of the most significant long-term secular growth opportunities in markets today. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company’s debt and equity in order to offer an attractive risk/reward profile.

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