Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Shares Pass Below 200 Day Moving Average – Here’s Why

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.82 and traded as low as $12.74. Virtus Dividend, Interest & Premium Strategy Fund shares last traded at $12.76, with a volume of 135,322 shares traded.

Virtus Dividend, Interest & Premium Strategy Fund Stock Performance

The firm has a 50 day moving average of $12.76 and a two-hundred day moving average of $12.82.

Institutional Trading of Virtus Dividend, Interest & Premium Strategy Fund

Several institutional investors have recently modified their holdings of NFJ. Bessemer Group Inc. acquired a new stake in Virtus Dividend, Interest & Premium Strategy Fund during the 4th quarter worth $26,000. Larson Financial Group LLC increased its position in shares of Virtus Dividend, Interest & Premium Strategy Fund by 233.3% during the third quarter. Larson Financial Group LLC now owns 4,000 shares of the investment management company’s stock worth $52,000 after purchasing an additional 2,800 shares in the last quarter. Transce3nd LLC purchased a new stake in shares of Virtus Dividend, Interest & Premium Strategy Fund in the 4th quarter valued at about $55,000. Atria Wealth Solutions Inc. purchased a new stake in shares of Virtus Dividend, Interest & Premium Strategy Fund in the 4th quarter valued at about $149,000. Finally, Alteri Wealth LLC acquired a new stake in shares of Virtus Dividend, Interest & Premium Strategy Fund in the 4th quarter valued at about $154,000.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

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.