Shaker Financial Services LLC grew its holdings in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Free Report) by 168.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 157,981 shares of the closed-end fund's stock after acquiring an additional 99,177 shares during the quarter. Shaker Financial Services LLC owned about 0.18% of AllianceBernstein Global High Income Fund worth $1,695,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Huntleigh Advisors Inc. purchased a new stake in shares of AllianceBernstein Global High Income Fund in the first quarter valued at about $13,519,000. LPL Financial LLC increased its position in AllianceBernstein Global High Income Fund by 3.9% in the 1st quarter. LPL Financial LLC now owns 960,855 shares of the closed-end fund's stock valued at $10,310,000 after acquiring an additional 35,714 shares during the period. Invesco Ltd. lifted its position in AllianceBernstein Global High Income Fund by 6.3% during the 4th quarter. Invesco Ltd. now owns 863,794 shares of the closed-end fund's stock worth $9,269,000 after acquiring an additional 50,936 shares during the period. Raymond James Financial Inc. acquired a new position in shares of AllianceBernstein Global High Income Fund in the fourth quarter valued at approximately $3,832,000. Finally, Uncommon Cents Investing LLC raised its stake in shares of AllianceBernstein Global High Income Fund by 0.6% during the first quarter. Uncommon Cents Investing LLC now owns 310,775 shares of the closed-end fund's stock worth $3,335,000 after purchasing an additional 1,955 shares during the last quarter.
AllianceBernstein Global High Income Fund Price Performance
Shares of NYSE AWF traded down $0.08 during mid-day trading on Thursday, hitting $11.14. 184,994 shares of the company were exchanged, compared to its average volume of 194,275. AllianceBernstein Global High Income Fund, Inc. has a 1-year low of $9.30 and a 1-year high of $11.36. The stock has a 50 day simple moving average of $10.98 and a 200-day simple moving average of $10.78.
AllianceBernstein Global High Income Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 22nd. Investors of record on Thursday, August 7th will be issued a dividend of $0.0655 per share. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Thursday, August 7th.
AllianceBernstein Global High Income Fund Profile
(
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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