Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) to Distribute Monthly Dividend of $0.21 on November 27th

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Wednesday, September 23rd. Investors of record on Thursday, November 12th will be given a dividend of $0.21 per share on Friday, November 27th. This represents a $2.52 annualized dividend and a yield of 10.2%. The ex-dividend date of this dividend is Thursday, November 12th.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Down 0.8%

Shares of AIO opened at $24.76 on Friday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52-week low of $20.91 and a 52-week high of $28.60. The firm’s fifty day moving average is $25.68 and its two-hundred day moving average is $25.26.

Institutional Investors Weigh In On Virtus Artificial Intelligence & Technology Opportunities Fund

Large investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC purchased a new position in Virtus Artificial Intelligence & Technology Opportunities Fund during the second quarter worth approximately $34,000. NewEdge Advisors LLC raised its holdings in shares of Virtus Artificial Intelligence & Technology Opportunities Fund by 60.1% during the 2nd quarter. NewEdge Advisors LLC now owns 19,819 shares of the company’s stock worth $556,000 after acquiring an additional 7,442 shares during the period. HighTower Advisors LLC purchased a new position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund during the 2nd quarter worth $261,000. Clay Northam Wealth Management LLC acquired a new position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund during the 2nd quarter valued at about $215,000. Finally, Continuum Advisory LLC acquired a new position in shares of Virtus Artificial Intelligence & Technology Opportunities Fund during the 2nd quarter valued at about $28,000.

About Virtus Artificial Intelligence & Technology Opportunities Fund

Virtus Artificial Intelligence & Technology Opportunities Fund is a diversified, closed-end investment company listed on the New York Stock Exchange under the symbol AIO. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.

The fund invests primarily in equity securities of companies involved in artificial intelligence, technology, and related industries. Its portfolio may include businesses developing or using artificial intelligence, cloud computing, data analytics, semiconductors, software, automation, and other technology products and services.