Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) Shares Up 0.1%

Shares of Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) were up 0.1% on Friday . The stock traded as high as $9.20 and last traded at $9.19. Approximately 113,700 shares were traded during trading, an increase of 117% from the average daily volume of 52,422 shares. The stock had previously closed at $9.18.

Virtus Convertible & Income 2024 Target Term Fund Trading Up 0.1 %

The stock has a fifty day moving average of $9.15 and a 200-day moving average of $8.98.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Almitas Capital LLC purchased a new position in Virtus Convertible & Income 2024 Target Term Fund during the second quarter valued at $2,449,000. Beverly Hills Private Wealth LLC raised its position in Virtus Convertible & Income 2024 Target Term Fund by 224.2% during the 2nd quarter. Beverly Hills Private Wealth LLC now owns 260,935 shares of the company’s stock valued at $2,352,000 after purchasing an additional 180,438 shares in the last quarter. StoneX Group Inc. purchased a new position in shares of Virtus Convertible & Income 2024 Target Term Fund during the fourth quarter valued at $623,000. Sanctuary Advisors LLC purchased a new position in Virtus Convertible & Income 2024 Target Term Fund during the 2nd quarter valued at about $510,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in Virtus Convertible & Income 2024 Target Term Fund during the first quarter valued at approximately $156,000.

About Virtus Convertible & Income 2024 Target Term Fund

Virtus Convertible & Income 2024 Target Term Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity and fixed incomes markets of the United States. It invests in stocks of companies operating across diversified sectors.