Farther Finance Advisors LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 40,118 shares of the closed-end fund's stock, valued at approximately $432,000.
A number of other institutional investors also recently added to or reduced their stakes in AWF. HighTower Advisors LLC boosted its holdings in AllianceBernstein Global High Income Fund by 25.0% in the fourth quarter. HighTower Advisors LLC now owns 24,622 shares of the closed-end fund's stock worth $264,000 after acquiring an additional 4,917 shares in the last quarter. Prevail Innovative Wealth Advisors LLC boosted its holdings 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 acquiring an additional 63,375 shares in the last quarter. Maridea Wealth Management LLC acquired a new stake in AllianceBernstein Global High Income Fund in the fourth quarter worth about $593,000. Raymond James Financial Inc. acquired a new stake in AllianceBernstein Global High Income Fund in the fourth quarter worth about $3,832,000. Finally, PKS Advisory Services LLC acquired a new stake in AllianceBernstein Global High Income Fund in the fourth quarter worth about $175,000.
AllianceBernstein Global High Income Fund Price Performance
NYSE AWF traded up $0.07 during trading on Friday, hitting $10.90. The company's stock had a trading volume of 231,433 shares, compared to its average volume of 225,201. The business's 50 day simple moving average is $10.64 and its 200-day simple moving average is $10.70. AllianceBernstein Global High Income Fund, Inc. has a fifty-two week low of $9.30 and a fifty-two week high of $11.36.
AllianceBernstein Global High Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, June 20th. Shareholders of record on Thursday, June 5th were issued a $0.0655 dividend. This represents a $0.79 annualized dividend and a yield of 7.21%. The ex-dividend date of this dividend was 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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