RiverNorth Opportunities Fund, Inc. (NYSE:RIV) Shares Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. grew its holdings in RiverNorth Opportunities Fund, Inc. (NYSE:RIV) by 2.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 253,229 shares of the company’s stock after buying an additional 4,989 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in RiverNorth Opportunities Fund were worth $3,273,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of RIV. GHP Investment Advisors Inc. purchased a new position in RiverNorth Opportunities Fund in the third quarter worth $27,000. SeaCrest Wealth Management LLC lifted its stake in shares of RiverNorth Opportunities Fund by 8.3% in the third quarter. SeaCrest Wealth Management LLC now owns 22,478 shares of the company’s stock valued at $290,000 after purchasing an additional 1,725 shares during the period. Calamos Advisors LLC boosted its holdings in RiverNorth Opportunities Fund by 27.6% during the second quarter. Calamos Advisors LLC now owns 30,271 shares of the company’s stock worth $371,000 after buying an additional 6,549 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in RiverNorth Opportunities Fund during the third quarter worth about $568,000. Finally, Nations Financial Group Inc. IA ADV grew its position in RiverNorth Opportunities Fund by 1.4% during the second quarter. Nations Financial Group Inc. IA ADV now owns 89,676 shares of the company’s stock worth $1,099,000 after buying an additional 1,226 shares during the period.

RiverNorth Opportunities Fund Stock Down 0.6 %

Shares of RiverNorth Opportunities Fund stock opened at $12.39 on Friday. The company has a 50-day moving average of $12.59 and a two-hundred day moving average of $12.42. RiverNorth Opportunities Fund, Inc. has a 12-month low of $10.90 and a 12-month high of $12.96.

RiverNorth Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.1289 per share. This represents a $1.55 annualized dividend and a dividend yield of 12.48%. The ex-dividend date is Friday, December 13th.

About RiverNorth Opportunities Fund

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.