Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Stock Price Crosses Above 50 Day Moving Average of $0.00

Shares of Clough Global Dividend and Income Fund (NYSEAMERICAN:GLVGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.00 and traded as high as $5.57. Clough Global Dividend and Income Fund shares last traded at $5.57, with a volume of 30,024 shares changing hands.

Clough Global Dividend and Income Fund Stock Up 0.3 %

Clough Global Dividend and Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 17th will be issued a dividend of $0.0526 per share. The ex-dividend date of this dividend is Monday, June 17th. This represents a $0.63 dividend on an annualized basis and a yield of 11.34%.

Institutional Trading of Clough Global Dividend and Income Fund

Several hedge funds have recently made changes to their positions in GLV. Gamco Investors INC. ET AL purchased a new position in shares of Clough Global Dividend and Income Fund in the third quarter worth about $50,000. Cornerstone Advisors LLC boosted its holdings in Clough Global Dividend and Income Fund by 152.4% in the 3rd quarter. Cornerstone Advisors LLC now owns 176,759 shares of the investment management company’s stock worth $878,000 after buying an additional 106,725 shares during the period. Finally, Matisse Capital grew its stake in Clough Global Dividend and Income Fund by 538.9% in the 4th quarter. Matisse Capital now owns 278,767 shares of the investment management company’s stock valued at $1,435,000 after buying an additional 235,137 shares in the last quarter.

Clough Global Dividend and Income Fund Company Profile

(Get Free Report)

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.

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