Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Shares Up 0.2%

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) was up 0.2% on Monday . The company traded as high as $20.06 and last traded at $19.93. Approximately 94,514 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 125,472 shares. The stock had previously closed at $19.89.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Down 0.1 %

The business has a fifty day moving average of $19.68 and a two-hundred day moving average of $18.63.

Virtus Artificial Intelligence & Technology Opportunities Fund Announces Dividend

The company also recently announced a dividend, which was paid on Monday, April 29th. Shareholders of record on Thursday, April 11th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, April 10th. This represents a dividend yield of 8.97%.

Hedge Funds Weigh In On Virtus Artificial Intelligence & Technology Opportunities Fund

A number of hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC grew its position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 25.0% in the fourth quarter. FNY Investment Advisers LLC now owns 5,000 shares of the company’s stock valued at $87,000 after purchasing an additional 1,000 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in Virtus Artificial Intelligence & Technology Opportunities Fund in the third quarter worth approximately $113,000. Creekmur Asset Management LLC purchased a new position in Virtus Artificial Intelligence & Technology Opportunities Fund in the fourth quarter worth approximately $139,000. Raymond James Financial Services Advisors Inc. purchased a new position in Virtus Artificial Intelligence & Technology Opportunities Fund in the third quarter worth approximately $194,000. Finally, SeaCrest Wealth Management LLC purchased a new position in Virtus Artificial Intelligence & Technology Opportunities Fund in the first quarter worth approximately $201,000.

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

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.