Rep. Kevin Hern (R-OK) Sells AIO Stock

Republican Representative Kevin Hern of Oklahoma's 1st district sold shares of Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO), according to a periodic transaction report filed under the STOCK Act on October 13, 2026. The congressional trade, executed on September 23, 2026, was valued between $15,001 and $50,000.

Inside Representative Hern's AIO Trade

The House lawmaker disclosed the sale of the closed-end fund shares following the transaction date. STOCK Act disclosures report trades in broad financial ranges rather than exact share quantities or precise dollar figures. The fund closed at $24.95 on September 23, 2026. This trade joins other portfolio adjustments reported by the Oklahoma Republican in recent weeks.

Other Institutional Activity in Virtus Artificial Intelligence & Technology Opportunities Fund

Other major financial institutions made adjustments to their holdings in the fund during the period ended June 30, 2026. Morgan Stanley grew its holdings by 17,573 shares, ending with 1,102,313 shares worth about $25,518,545 after a 1.6% increase. Bank of America Corporation grew its holdings by 51,243 shares, ending with 869,826 shares worth about $20,136,471 after a 6.3% increase. Wells Fargo & Company reduced its holdings by 22,304 shares, ending with 616,773 shares worth about $14,278,294 following a 3.5% decrease. UBS Group AG grew its holdings by 20,444 shares, ending with 452,669 shares worth about $10,479,287 after a 4.7% increase. Ameriprise Financial, Inc. grew its holdings by 2,231 shares, ending with 380,282 shares worth about $8,803,528 following a 0.6% increase.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Holds Steady

The fund's stock recently traded around $23.77, sitting about 4.7% lower than its closing price of $24.95 on the day of the representative's trade. The asset management vehicle has traded within a 52-week range of $20.91 and $28.60.

Recent Earnings

The fund reported trailing twelve months earnings per share of $6.95.

Dividend

The fund pays an annual dividend rate of $2.52 per share, translating to a dividend yield of 10.61% with a payout ratio of 26.8%.

Insider Buying and Selling at Virtus Artificial Intelligence & Technology Opportunities Fund

Company insiders also transacted in fund shares earlier in the year. Chief Financial Officer William Patrick Bradley III sold 2,000 shares on March 20, 2026, at an average price of $21.56 for a total value of $43,120. Other executive Justin Kass sold 29,481 shares on August 10, 2026, at an average price of $26.27 worth $774,416. Other executive Stephen B Jue sold 10,000 shares on August 10, 2026, valued at $263,091. Other executive James C. K. Chen sold 11,485 shares on the same date for a total value of $300,280.

About Virtus Artificial Intelligence & Technology Opportunities Fund

Based in Atlanta, Georgia, Virtus Artificial Intelligence & Technology Opportunities Fund is a closed-end multi-asset fund that focuses on equity and debt securities. The fund directs its investments toward artificial intelligence and technology-driven businesses, targeting innovators and disruptors across various sectors through fundamental research.

Bottom Line

Congressional stock disclosures provide a window into the personal financial management of lawmakers, though they do not indicate a broader market trend or investment recommendation. Observers typically monitor subsequent periodic reports to see if lawmakers continue trimming or expanding their exposure to specific sectors.