Creative Planning grew its stake in shares of The Zweig Total Return Fund, Inc. (NYSE:ZTR) by 56.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,473 shares of the investment management company’s stock after acquiring an additional 6,685 shares during the quarter. Creative Planning owned about 0.08% of The Zweig Total Return Fund worth $211,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of ZTR. J.W. Cole Advisors Inc. bought a new position in shares of The Zweig Total Return Fund during the fourth quarter valued at $135,000. Choate Investment Advisors bought a new position in shares of The Zweig Total Return Fund during the fourth quarter valued at $141,000. Wedbush Securities Inc. increased its holdings in shares of The Zweig Total Return Fund by 154.1% during the fourth quarter. Wedbush Securities Inc. now owns 32,029 shares of the investment management company’s stock valued at $365,000 after acquiring an additional 19,424 shares in the last quarter. Finally, NEXT Financial Group Inc bought a new stake in The Zweig Total Return Fund in the 4th quarter worth about $586,000. Hedge funds and other institutional investors own 6.01% of the company’s stock.
NYSE ZTR opened at $11.67 on Friday. The Zweig Total Return Fund, Inc. has a one year low of $9.45 and a one year high of $11.99. The stock has a 50-day moving average of $11.49 and a 200 day moving average of $11.12.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 12th will be issued a $0.113 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $1.36 annualized dividend and a yield of 11.62%.
The Zweig Total Return Fund Company Profile
Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.
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