Virtu Financial LLC Purchases Shares of 15,255 RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP)

Virtu Financial LLC acquired a new position in RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 15,255 shares of the company’s stock, valued at approximately $127,000.

Several other large investors have also recently modified their holdings of OPP. Stifel Financial Corp increased its stake in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 26.8% in the third quarter. Stifel Financial Corp now owns 27,503 shares of the company’s stock worth $250,000 after acquiring an additional 5,807 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund in the 3rd quarter valued at about $97,000. Absolute Investment Advisers LLC acquired a new stake in RiverNorth/DoubleLine Strategic Opportunity Fund during the fourth quarter worth about $1,037,000. SeaCrest Wealth Management LLC raised its position in RiverNorth/DoubleLine Strategic Opportunity Fund by 19.3% during the fourth quarter. SeaCrest Wealth Management LLC now owns 64,038 shares of the company’s stock valued at $534,000 after acquiring an additional 10,361 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in RiverNorth/DoubleLine Strategic Opportunity Fund by 846.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 133,440 shares of the company’s stock valued at $1,113,000 after acquiring an additional 119,340 shares during the period.

RiverNorth/DoubleLine Strategic Opportunity Fund Price Performance

Shares of NYSE OPP opened at $8.58 on Monday. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has a one year low of $8.11 and a one year high of $9.30. The firm has a fifty day moving average of $8.59 and a 200 day moving average of $8.64.

RiverNorth/DoubleLine Strategic Opportunity Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were issued a $0.095 dividend. This represents a yield of 13.72%. The ex-dividend date was Wednesday, January 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Profile

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S.