Wells Fargo & Company MN Has $3.15 Million Holdings in RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)

Wells Fargo & Company MN raised its stake in RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) by 52.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,198 shares of the company’s stock after purchasing an additional 58,669 shares during the period. Wells Fargo & Company MN’s holdings in RiverNorth/DoubleLine Strategic Opportunity Fund were worth $3,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Moloney Securities Asset Management LLC raised its position in shares of RiverNorth/DoubleLine Strategic Opportunity Fund by 74.9% during the 4th quarter. Moloney Securities Asset Management LLC now owns 72,760 shares of the company’s stock worth $1,337,000 after acquiring an additional 31,158 shares in the last quarter.

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Shares of NYSE OPP opened at $17.64 on Monday. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has a fifty-two week low of $17.47 and a fifty-two week high of $19.76.

The firm also recently announced a monthly dividend, which was paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th were given a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a dividend yield of 10.20%. The ex-dividend date of this dividend was Wednesday, March 14th.

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