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RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) Shares Acquired by PFG Investments LLC

PFG Investments LLC grew its position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Free Report) by 48.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). ). The fund owned 82,966 shares of the company’s stock after acquiring an additional 26,946 shares during the quarter. PFG Investments LLC’s holdings in RiverNorth/DoubleLine Strategic Opportunity Fund were worth $718,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Matisse Capital raised its position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 21.9% in the fourth quarter. Matisse Capital now owns 195,000 shares of the company’s stock valued at $1,630,000 after purchasing an additional 35,000 shares in the last quarter. 1607 Capital Partners LLC increased its position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 6.5% in the fourth quarter. 1607 Capital Partners LLC now owns 147,850 shares of the company’s stock valued at $1,236,000 after purchasing an additional 9,000 shares during the last quarter. SeaCrest Wealth Management LLC grew its position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 2.5% in the second quarter. SeaCrest Wealth Management LLC now owns 48,983 shares of the company’s stock valued at $424,000 after purchasing an additional 1,190 shares in the last quarter. Verity Asset Management Inc. grew its position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 6.0% in the fourth quarter. Verity Asset Management Inc. now owns 38,543 shares of the company’s stock valued at $322,000 after buying an additional 2,195 shares in the last quarter. Finally, Riverbridge Partners LLC acquired a new stake in shares of RiverNorth/DoubleLine Strategic Opportunity Fund in the first quarter valued at about $309,000.

Share performance of RiverNorth/DoubleLine Strategic Opportunity Fund

OPP stock opened at $9.20 on Wednesday. The company has a 50-day simple moving average of $8.85 and a 200-day simple moving average of $8.59. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has a one year low of $7.26 and a one year high of $9.25.

RiverNorth/DoubleLine Strategic Opportunity Fund Announces Dividend

Want more great investment ideas?

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a $0.1003 dividend. The ex-dividend date of this dividend is Friday, September 13. This represents an annualized dividend of $1.20 and a yield of 13.08%.

RiverNorth/DoubleLine Strategic Opportunities Fund Profile

(Free Report)

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc is a closed-end fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. Invest in fixed income markets. The fund seeks to measure the performance of its portfolio against Barclays Capital US

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Quarterly Institutional Ownership of RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP)

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