Farther Finance Advisors LLC bought a new stake in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 40,118 shares of the closed-end fund's stock, valued at approximately $432,000.
A number of other institutional investors have also recently made changes to their positions in the business. HighTower Advisors LLC boosted its position in shares of AllianceBernstein Global High Income Fund by 25.0% during the fourth quarter. HighTower Advisors LLC now owns 24,622 shares of the closed-end fund's stock valued at $264,000 after buying an additional 4,917 shares during the period. Prevail Innovative Wealth Advisors LLC increased its stake in AllianceBernstein Global High Income Fund by 161.5% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 102,626 shares of the closed-end fund's stock worth $1,101,000 after purchasing an additional 63,375 shares during the period. Maridea Wealth Management LLC bought a new stake in shares of AllianceBernstein Global High Income Fund during the fourth quarter worth $593,000. Raymond James Financial Inc. purchased a new stake in shares of AllianceBernstein Global High Income Fund during the fourth quarter valued at $3,832,000. Finally, PKS Advisory Services LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund during the fourth quarter valued at $175,000.
AllianceBernstein Global High Income Fund Stock Up 0.2%
Shares of NYSE:AWF opened at $10.82 on Wednesday. The firm's 50 day simple moving average is $10.59 and its 200-day simple moving average is $10.71. AllianceBernstein Global High Income Fund, Inc. has a one year low of $9.30 and a one year high of $11.36.
AllianceBernstein Global High Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, June 5th will be issued a $0.0655 dividend. This represents a $0.79 annualized dividend and a dividend yield of 7.26%. The ex-dividend date is Thursday, June 5th.
About AllianceBernstein Global High Income Fund
(
Free Report)
AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.
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