Huntleigh Advisors Inc. Purchases New Stake in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF)

Huntleigh Advisors Inc. purchased a new stake in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,259,881 shares of the closed-end fund's stock, valued at approximately $13,519,000. AllianceBernstein Global High Income Fund comprises 2.6% of Huntleigh Advisors Inc.'s portfolio, making the stock its 7th biggest position. Huntleigh Advisors Inc. owned 1.46% of AllianceBernstein Global High Income Fund at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of AWF. Invesco Ltd. grew its position in shares of AllianceBernstein Global High Income Fund by 6.3% in the 4th quarter. Invesco Ltd. now owns 863,794 shares of the closed-end fund's stock valued at $9,269,000 after purchasing an additional 50,936 shares during the period. Raymond James Financial Inc. acquired a new position in AllianceBernstein Global High Income Fund during the 4th quarter worth approximately $3,832,000. Uncommon Cents Investing LLC boosted its position in AllianceBernstein Global High Income Fund by 0.6% during the 1st quarter. Uncommon Cents Investing LLC now owns 310,775 shares of the closed-end fund's stock worth $3,335,000 after acquiring an additional 1,955 shares during the last quarter. Tidal Investments LLC boosted its position in AllianceBernstein Global High Income Fund by 2.3% during the 4th quarter. Tidal Investments LLC now owns 110,339 shares of the closed-end fund's stock worth $1,177,000 after acquiring an additional 2,478 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC boosted its position in AllianceBernstein Global High Income Fund by 161.5% during the 4th 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 during the last quarter.

AllianceBernstein Global High Income Fund Trading Down 0.5%

NYSE:AWF traded down $0.05 during trading hours on Monday, reaching $11.05. 176,046 shares of the stock were exchanged, compared to its average volume of 222,913. AllianceBernstein Global High Income Fund, Inc. has a twelve month low of $9.30 and a twelve month high of $11.36. The firm has a 50 day moving average of $10.81 and a 200 day moving average of $10.72.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, July 18th. Shareholders of record on Thursday, July 3rd will be given a dividend of $0.0655 per share. This represents a $0.79 dividend on an annualized basis and a yield of 7.11%. The ex-dividend date of this dividend is Thursday, July 3rd.

AllianceBernstein Global High Income Fund Company Profile

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.