Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.92 and traded as high as $6.14. Virtus Global Dividend & Income Fund shares last traded at $6.12, with a volume of 293,357 shares trading hands.
Virtus Global Dividend & Income Fund Stock Down 0.8%
The company has a fifty day simple moving average of $5.91 and a 200-day simple moving average of $5.93.
Virtus Global Dividend & Income Fund Dividend Announcement
The business also recently announced a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Tuesday, May 13th will be issued a $0.05 dividend. This represents a yield of 9.85%. The ex-dividend date is Monday, May 12th.
Institutional Trading of Virtus Global Dividend & Income Fund
Several large investors have recently added to or reduced their stakes in ZTR. Absolute Investment Advisers LLC purchased a new stake in Virtus Global Dividend & Income Fund in the 4th quarter valued at $9,355,000. Sit Investment Associates Inc. purchased a new position in shares of Virtus Global Dividend & Income Fund during the 4th quarter worth $4,963,000. Tabor Asset Management LP purchased a new position in shares of Virtus Global Dividend & Income Fund during the 1st quarter worth $4,055,000. Quarry LP grew its holdings in shares of Virtus Global Dividend & Income Fund by 266.9% during the 4th quarter. Quarry LP now owns 766,435 shares of the investment management company's stock worth $4,491,000 after purchasing an additional 557,522 shares during the period. Finally, North Ground Capital grew its holdings in shares of Virtus Global Dividend & Income Fund by 2,931.3% during the 1st quarter. North Ground Capital now owns 485,000 shares of the investment management company's stock worth $2,929,000 after purchasing an additional 469,000 shares during the period. 47.14% of the stock is currently owned by hedge funds and other institutional investors.
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.
See Also
Before you consider Virtus Global Dividend & Income Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Virtus Global Dividend & Income Fund wasn't on the list.
While Virtus Global Dividend & Income Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
