Prevail Innovative Wealth Advisors LLC increased its stake in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Free Report) by 23.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 126,861 shares of the closed-end fund's stock after purchasing an additional 24,235 shares during the quarter. Prevail Innovative Wealth Advisors LLC owned approximately 0.15% of AllianceBernstein Global High Income Fund worth $1,361,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in AWF. US Bancorp DE raised its position in AllianceBernstein Global High Income Fund by 12.6% during the fourth quarter. US Bancorp DE now owns 12,527 shares of the closed-end fund's stock valued at $134,000 after acquiring an additional 1,400 shares in the last quarter. Raymond James Financial Inc. bought a new position in AllianceBernstein Global High Income Fund during the fourth quarter valued at approximately $3,832,000. HighTower Advisors LLC raised its position in 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 acquiring an additional 4,917 shares in the last quarter. PKS Advisory Services LLC bought a new position in AllianceBernstein Global High Income Fund during the fourth quarter valued at approximately $175,000. Finally, Maridea Wealth Management LLC bought a new position in AllianceBernstein Global High Income Fund during the fourth quarter valued at approximately $593,000.
AllianceBernstein Global High Income Fund Price Performance
AWF traded down $0.04 during midday trading on Friday, hitting $11.04. 264,848 shares of the company's stock traded hands, compared to its average volume of 220,517. The stock's fifty day simple moving average is $10.88 and its 200-day simple moving average is $10.74. 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 Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 18th. Investors of record on Thursday, July 3rd will be given a dividend of $0.0655 per share. This represents a $0.79 annualized dividend and a yield of 7.12%. The ex-dividend date of this dividend is Thursday, July 3rd.
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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