Ancora Advisors Lowers stake in The Zweig Total Return Fund (ZTR)

The Zweig Total Return Fund (ZTR) : Ancora Advisors reduced its stake in The Zweig Total Return Fund by 4.03% during the most recent quarter end. The investment management company now holds a total of 1,125,025 shares of The Zweig Total Return Fund which is valued at $13.4 Million after selling 47,241 shares in The Zweig Total Return Fund , the firm said in a disclosure report filed with the SEC on May 13, 2016.The Zweig Total Return Fund makes up approximately 1.64% of Ancora Advisors’s portfolio.

Other Hedge Funds, Including , Thomas J. Herzfeld Advisors reduced its stake in ZTR by selling 2,948 shares or 2.05% in the most recent quarter. The Hedge Fund company now holds 140,681 shares of ZTR which is valued at $1.7 Million. The Zweig Total Return Fund makes up approx 0.87% of Thomas J. Herzfeld Advisors’s portfolio. Captrust Financial Advisors added ZTR to its portfolio by purchasing 355 company shares during the most recent quarter which is valued at $4,221.Landscape Capital Management L.l.c. reduced its stake in ZTR by selling 4,723 shares or 11.37% in the most recent quarter. The Hedge Fund company now holds 36,808 shares of ZTR which is valued at $437,647. The Zweig Total Return Fund makes up approx 0.05% of Landscape Capital Management L.l.c.’s portfolio. Allegis Investment Advisors sold out all of its stake in ZTR during the most recent quarter. The investment firm sold 1,441 shares of ZTR which is valued $17,133. Doliver Capital Advisors added ZTR to its portfolio by purchasing 10,004 company shares during the most recent quarter which is valued at $122,849. The Zweig Total Return Fund makes up approx 0.11% of Doliver Capital Advisors’s portfolio.

The Zweig Total Return Fund opened for trading at $12.38 and hit $12.4 on the upside on Wednesday, eventually ending the session at $12.07, with a gain of 0.17% or 0.02 points. The heightened volatility saw the trading volume jump to 1,66,978 shares. Company has a market cap of $275 M.

The Zweig Total Return Fund Inc. is a closed-end diversified management investment company. The Fund’s investment objective is to seek total return consisting of capital appreciation and income. The Fund invests in Common stocks the United States Government Securities Corporate Bonds and Other. Virtus Fund Services LLC an indirect wholly owned subsidiary of Virtus serves as administrator to the Fund. Zweig Advisers LLC is the adviser to the Fund.

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