Stifel Financial Corp raised its position in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR - Free Report) by 11.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 967,838 shares of the investment management company's stock after acquiring an additional 96,299 shares during the quarter. Stifel Financial Corp's holdings in Virtus Global Dividend & Income Fund were worth $5,672,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. IFP Advisors Inc bought a new position in shares of Virtus Global Dividend & Income Fund during the 4th quarter valued at $29,000. HighTower Advisors LLC bought a new stake in Virtus Global Dividend & Income Fund in the 4th quarter worth approximately $60,000. Mariner LLC purchased a new position in shares of Virtus Global Dividend & Income Fund in the 4th quarter worth $95,000. Truist Financial Corp purchased a new stake in Virtus Global Dividend & Income Fund during the 4th quarter valued at $168,000. Finally, GWN Securities Inc. purchased a new stake in Virtus Global Dividend & Income Fund in the 4th quarter worth about $200,000. Hedge funds and other institutional investors own 47.14% of the company's stock.
Virtus Global Dividend & Income Fund Stock Performance
Shares of NYSE:ZTR traded up $0.01 during trading on Monday, reaching $6.09. 51,030 shares of the company were exchanged, compared to its average volume of 304,041. Virtus Global Dividend & Income Fund Inc. has a 12-month low of $5.22 and a 12-month high of $6.26. The business's fifty day simple moving average is $5.84 and its 200-day simple moving average is $5.91.
Virtus Global Dividend & Income Fund Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, April 29th. Investors of record on Friday, April 11th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, April 11th.
Virtus Global Dividend & Income Fund Profile
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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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