Capstone Investment Advisors LLC grew its position in Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR - Free Report) by 89.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 849,307 shares of the investment management company's stock after buying 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 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in ZTR. CF Capital LLC bought a new stake in shares of Virtus Global Dividend & Income Fund in the fourth quarter valued at about $94,000. Almitas Capital LLC raised its holdings in shares of Virtus Global Dividend & Income Fund by 42.0% in the 4th quarter. Almitas Capital LLC now owns 437,074 shares of the investment management company's stock valued at $2,561,000 after purchasing an additional 129,284 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Virtus Global Dividend & Income Fund in the 4th quarter worth approximately $76,000. Quarry LP boosted its stake in shares of Virtus Global Dividend & Income Fund by 266.9% during the fourth quarter. Quarry LP now owns 766,435 shares of the investment management company's stock valued at $4,491,000 after purchasing an additional 557,522 shares in the last quarter. Finally, Alpine Global Management LLC purchased a new position in Virtus Global Dividend & Income Fund during the fourth quarter valued at approximately $79,000. Institutional investors own 47.14% of the company's stock.
Virtus Global Dividend & Income Fund Stock Up 0.3 %
Virtus Global Dividend & Income Fund stock traded up $0.02 during mid-day trading on Friday, reaching $6.07. 91,843 shares of the company were exchanged, compared to its average volume of 254,640. The business has a fifty day moving average of $5.86 and a 200 day moving average of $5.91. Virtus Global Dividend & Income Fund Inc. has a 12-month low of $5.22 and a 12-month high of $6.26.
Virtus Global Dividend & Income Fund Announces Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, May 29th. Investors of record on Tuesday, May 13th will be paid a dividend of $0.05 per share. This represents a dividend yield of 9.85%. The ex-dividend date is Monday, May 12th.
Virtus Global Dividend & Income Fund Company 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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