1,259,881 Shares in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Purchased by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. purchased 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. 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 about 2.6% of Huntleigh Advisors Inc.'s holdings, making the stock its 7th largest holding. Huntleigh Advisors Inc. owned 1.46% of AllianceBernstein Global High Income Fund at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. US Bancorp DE lifted its holdings in shares of AllianceBernstein Global High Income Fund by 12.6% in the 4th quarter. US Bancorp DE now owns 12,527 shares of the closed-end fund's stock worth $134,000 after acquiring an additional 1,400 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in AllianceBernstein Global High Income Fund by 73.6% in the fourth quarter. Jones Financial Companies Lllp now owns 68,463 shares of the closed-end fund's stock worth $735,000 after purchasing an additional 29,035 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of AllianceBernstein Global High Income Fund in the fourth quarter worth about $3,832,000. HighTower Advisors LLC increased its holdings in shares of 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 buying an additional 4,917 shares during the period. Finally, King Wealth Management Group bought a new stake in shares of AllianceBernstein Global High Income Fund in the 4th quarter valued at about $161,000.

AllianceBernstein Global High Income Fund Price Performance

AllianceBernstein Global High Income Fund stock traded down $0.06 during trading hours on Monday, reaching $11.05. The company had a trading volume of 75,754 shares, compared to its average volume of 222,530. AllianceBernstein Global High Income Fund, Inc. has a 12-month low of $9.30 and a 12-month high of $11.36. The company has a 50-day moving average price of $10.80 and a 200 day moving average price 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 issued a $0.0655 dividend. This represents a $0.79 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date is Thursday, July 3rd.

AllianceBernstein Global High Income Fund 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.