RiverFront Strategic Income Fund (NYSEARCA:RIGS – Get Free Report)’s stock price fell 0.1% during trading on Monday . The company traded as low as $22.82 and last traded at $22.85. 3,133 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 12,353 shares. The stock had previously closed at $22.88.
RiverFront Strategic Income Fund Stock Down 0.1%
The company has a fifty day moving average of $22.95 and a two-hundred day moving average of $23.08.
Institutional Investors Weigh In On RiverFront Strategic Income Fund
An institutional investor recently raised its position in RiverFront Strategic Income Fund stock. Janney Montgomery Scott LLC increased its position in shares of RiverFront Strategic Income Fund (NYSEARCA:RIGS – Free Report) by 7.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,378 shares of the company’s stock after purchasing an additional 3,550 shares during the quarter. Janney Montgomery Scott LLC owned 1.75% of RiverFront Strategic Income Fund worth $1,151,000 at the end of the most recent reporting period.
RiverFront Strategic Income Fund Company Profile
The RiverFront Strategic Income Fund (RIGS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed global fixed-income portfolio that invests in various types of fixed-income securities without currency limitation. RIGS was launched on Oct 9, 2013 and is managed by RiverFront.
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