Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Shares Purchased by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC grew its position in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR - Free Report) by 89.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 849,307 shares of the investment management company's stock after purchasing an additional 401,929 shares during the quarter. Capstone Investment Advisors LLC's holdings in Virtus Global Dividend & Income Fund were worth $4,977,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC grew its holdings in Virtus Global Dividend & Income Fund by 4.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 50,758 shares of the investment management company's stock worth $297,000 after acquiring an additional 2,375 shares during the period. Arete Wealth Advisors LLC grew its stake in shares of Virtus Global Dividend & Income Fund by 12.4% in the 4th quarter. Arete Wealth Advisors LLC now owns 41,304 shares of the investment management company's stock worth $242,000 after purchasing an additional 4,565 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of Virtus Global Dividend & Income Fund by 2.0% in the 4th quarter. Park Avenue Securities LLC now owns 234,351 shares of the investment management company's stock worth $1,373,000 after purchasing an additional 4,602 shares during the last quarter. IFP Advisors Inc bought a new stake in shares of Virtus Global Dividend & Income Fund in the 4th quarter worth approximately $29,000. Finally, HighTower Advisors LLC acquired a new stake in Virtus Global Dividend & Income Fund during the fourth quarter valued at approximately $60,000. Institutional investors own 47.14% of the company's stock.

Virtus Global Dividend & Income Fund Stock Performance

Virtus Global Dividend & Income Fund stock opened at $6.09 on Monday. Virtus Global Dividend & Income Fund Inc. has a 1 year low of $5.22 and a 1 year high of $6.26. The firm's 50 day moving average price is $5.84 and its two-hundred day moving average price is $5.91.

Virtus Global Dividend & Income Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 29th. Investors of record on Friday, April 11th were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, April 11th.

Virtus Global Dividend & Income Fund Company Profile

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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