SeaCrest Wealth Management LLC Lowers Holdings in Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR)

SeaCrest Wealth Management LLC cut its position in Virtus Global Dividend & Income Fund Inc. (NYSE:ZTRFree Report) by 8.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 55,115 shares of the investment management company’s stock after selling 5,204 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Virtus Global Dividend & Income Fund were worth $306,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ZTR. Mariner LLC purchased a new stake in Virtus Global Dividend & Income Fund in the 1st quarter worth approximately $212,000. Centaurus Financial Inc. lifted its stake in Virtus Global Dividend & Income Fund by 5.8% in the 1st quarter. Centaurus Financial Inc. now owns 1,113,093 shares of the investment management company’s stock worth $10,864,000 after purchasing an additional 60,543 shares in the last quarter. UBS Group AG increased its holdings in shares of Virtus Global Dividend & Income Fund by 22.1% in the 1st quarter. UBS Group AG now owns 45,065 shares of the investment management company’s stock worth $440,000 after buying an additional 8,144 shares during the last quarter. Guggenheim Capital LLC increased its holdings in shares of Virtus Global Dividend & Income Fund by 20.8% in the 1st quarter. Guggenheim Capital LLC now owns 453,615 shares of the investment management company’s stock worth $4,427,000 after buying an additional 78,200 shares during the last quarter. Finally, Eudaimonia Partners LLC bought a new position in shares of Virtus Global Dividend & Income Fund in the 1st quarter worth $195,000. 47.14% of the stock is currently owned by hedge funds and other institutional investors.

Virtus Global Dividend & Income Fund Price Performance

Shares of NYSE:ZTR opened at $5.57 on Friday. The company’s fifty day moving average price is $5.32 and its 200-day moving average price is $5.21. Virtus Global Dividend & Income Fund Inc. has a one year low of $4.50 and a one year high of $6.60.

Virtus Global Dividend & Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, June 27th. Stockholders 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 dividend yield of 10.77%. The ex-dividend date of this dividend is Thursday, June 13th.

About Virtus Global Dividend & Income Fund

(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

Want to see what other hedge funds are holding ZTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtus Global Dividend & Income Fund Inc. (NYSE:ZTRFree Report).

Institutional Ownership by Quarter for Virtus Global Dividend & Income Fund (NYSE:ZTR)

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