Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund Declares Month-to-month Dividend of $0.15 (NYSE:AIO)

Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund (NYSE:AIO – Get Ranking) introduced a month-to-month dividend on Thursday, June ninth, Wall Avenue Journal stories. Stockholders of report on Thursday, August eleventh might be given a dividend of 0.15 per share on Thursday, September 1st. This represents a $1.80 dividend on an annualized foundation and a dividend yield of 10.10%. The ex-dividend date of this dividend is Wednesday, August tenth.

Shares of Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund inventory traded down $0.60 on Thursday, reaching $17.82. The corporate had a buying and selling quantity of 164,575 shares, in comparison with its common quantity of 128,338. The agency’s 50 day shifting common value is $19.13 and its two-hundred day shifting common value is $22.15. Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund has a 52-week low of $16.66 and a 52-week excessive of $28.67.

Quite a few institutional traders and hedge funds have lately made adjustments to their positions in AIO. Stifel Monetary Corp elevated its stake in Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund by 7.3% in the course of the 4th quarter. Stifel Monetary Corp now owns 89,362 shares of the corporate’s inventory value $2,215,000 after shopping for an extra 6,102 shares in the course of the interval. NEXT Monetary Group Inc elevated its stake in Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund by 16.8% in the course of the 4th quarter. NEXT Monetary Group Inc now owns 7,812 shares of the corporate’s inventory value $194,000 after shopping for an extra 1,122 shares in the course of the interval. Parametric Portfolio Associates LLC elevated its stake in Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund by 21.3% in the course of the 4th quarter. Parametric Portfolio Associates LLC now owns 216,305 shares of the corporate’s inventory value $5,362,000 after shopping for an extra 37,921 shares in the course of the interval. Wells Fargo & Firm MN elevated its stake in Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund by 4.9% in the course of the 4th quarter. Wells Fargo & Firm MN now owns 368,926 shares of the corporate’s inventory value $9,146,000 after shopping for an extra 17,212 shares in the course of the interval. Lastly, Moors & Cabot Inc. elevated its stake in Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund by 10.6% in the course of the 1st quarter. Moors & Cabot Inc. now owns 19,323 shares of the corporate’s inventory value $422,000 after shopping for an extra 1,855 shares in the course of the interval.

Virtus AllianzGI Synthetic Intelligence & Expertise Alternatives Fund Firm Profile (Get Ranking)

The Fund seeks to generate a steady earnings stream and development of capital by specializing in one of the crucial vital long-term secular development alternatives in markets immediately. A multi-asset method primarily based on basic analysis is employed, dynamically allocating to enticing segments of an organization’s debt and fairness with the intention to provide a sexy threat/reward profile.

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Dividend History for Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO)

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