Virtus Global Dividend & Income Fund (NYSE:ZTR) Stock Price Crosses Below 200 Day Moving Average of $5.25

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.25 and traded as low as $5.25. Virtus Global Dividend & Income Fund shares last traded at $5.26, with a volume of 302,490 shares trading hands.

Virtus Global Dividend & Income Fund Stock Up 1.0 %

The business has a fifty day moving average of $5.36 and a 200 day moving average of $5.25.

Virtus Global Dividend & Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 13th will be issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 11.32%. The ex-dividend date is Thursday, June 13th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Mariner LLC acquired a new stake in Virtus Global Dividend & Income Fund during the first quarter valued at approximately $212,000. Centaurus Financial Inc. raised its stake in Virtus Global Dividend & Income Fund by 5.8% during the first quarter. Centaurus Financial Inc. now owns 1,113,093 shares of the investment management company's stock valued at $10,864,000 after buying an additional 60,543 shares in the last quarter. UBS Group AG raised its stake in Virtus Global Dividend & Income Fund by 22.1% during the first quarter. UBS Group AG now owns 45,065 shares of the investment management company's stock valued at $440,000 after buying an additional 8,144 shares in the last quarter. Guggenheim Capital LLC raised its stake in Virtus Global Dividend & Income Fund by 20.8% during the first quarter. Guggenheim Capital LLC now owns 453,615 shares of the investment management company's stock valued at $4,427,000 after buying an additional 78,200 shares in the last quarter. Finally, Eudaimonia Partners LLC acquired a new stake in Virtus Global Dividend & Income Fund during the first quarter valued at approximately $195,000. Hedge funds and other institutional investors own 47.14% of the company's stock.


Virtus Global Dividend & Income Fund Company Profile

(Get Free Report)

Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.

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