Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Share Price Crosses Below 200-Day Moving Average of $13.21

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJGet Rating)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.21 and traded as low as $12.98. Virtus Dividend, Interest & Premium Strategy Fund shares last traded at $13.03, with a volume of 128,834 shares.

Virtus Dividend, Interest & Premium Strategy Fund Stock Performance

The business has a 50 day simple moving average of $12.18 and a two-hundred day simple moving average of $13.19.

Virtus Dividend, Interest & Premium Strategy Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 23rd. Shareholders of record on Monday, September 12th will be paid a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 7.52%. The ex-dividend date of this dividend is Friday, September 9th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Masso Torrence Wealth Management Inc. purchased a new position in shares of Virtus Dividend, Interest & Premium Strategy Fund in the 4th quarter worth $25,000. Prospera Financial Services Inc purchased a new position in Virtus Dividend, Interest & Premium Strategy Fund in the first quarter valued at about $58,000. Fifth Third Bancorp purchased a new position in Virtus Dividend, Interest & Premium Strategy Fund in the first quarter valued at about $86,000. CWM LLC purchased a new position in Virtus Dividend, Interest & Premium Strategy Fund in the second quarter valued at about $96,000. Finally, Brookstone Capital Management purchased a new position in Virtus Dividend, Interest & Premium Strategy Fund in the second quarter valued at about $128,000.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

(Get Rating)

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States.

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