Barry Mandinach Sells Shares of Virtus Investment Partners, Inc. $VRTS
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Barry Mandinach, EVP, Head of Distribution at Virtus Investment Partners, Inc. ($VRTS), sold 5,000 shares at an average price of $144.76, for a total transaction of $723,820. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Virtus Investment Partners, Inc. Stock Down 15.2%
Shares of Virtus Investment Partners, Inc. ($VRTS) traded around $142.86 on Thursday, down 15.2% for the day.
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About Virtus Investment Partners, Inc.
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1995 and is based in Hartford, Connecticut.
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