Capital Investment Advisors LLC Decreases Stock Position in RiverNorth Capital and Income Fund, Inc. (NYSE:RSF)

Capital Investment Advisors LLC cut its holdings in RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 44,809 shares of the company’s stock after selling 1,835 shares during the quarter. Capital Investment Advisors LLC’s holdings in RiverNorth Capital and Income Fund were worth $692,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Quarry LP raised its stake in shares of RiverNorth Capital and Income Fund by 34.3% in the third quarter. Quarry LP now owns 13,442 shares of the company’s stock worth $207,000 after purchasing an additional 3,432 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new position in shares of RiverNorth Capital and Income Fund in the third quarter worth about $369,000. WFA Asset Management Corp raised its stake in shares of RiverNorth Capital and Income Fund by 54.5% in the third quarter. WFA Asset Management Corp now owns 3,090 shares of the company’s stock worth $48,000 after purchasing an additional 1,090 shares during the last quarter. Finally, Sea Otter Advisors LLC raised its position in RiverNorth Capital and Income Fund by 140.0% during the second quarter. Sea Otter Advisors LLC now owns 120,000 shares of the company’s stock valued at $1,843,000 after acquiring an additional 70,000 shares in the last quarter.

RiverNorth Capital and Income Fund Trading Up 0.1 %

Shares of RSF stock opened at $15.13 on Thursday. The stock has a 50 day moving average of $15.30 and a 200 day moving average of $15.29. RiverNorth Capital and Income Fund, Inc. has a twelve month low of $14.90 and a twelve month high of $16.90.

RiverNorth Capital and Income Fund Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be given a dividend of $0.1357 per share. This represents a yield of 10.77%. The ex-dividend date is Wednesday, January 15th. RiverNorth Capital and Income Fund’s dividend payout ratio is currently 111.33%.

RiverNorth Capital and Income Fund Profile

RiverNorth Specialty Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.