Wealth Enhancement Advisory Services LLC Reduces Stake in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI)

Wealth Enhancement Advisory Services LLC lessened its stake in shares of Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,959 shares of the company’s stock after selling 671 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Lazard Global Total Return and Income Fund were worth $466,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in Lazard Global Total Return and Income Fund during the fourth quarter worth about $61,000. Blue Bell Private Wealth Management LLC raised its position in shares of Lazard Global Total Return and Income Fund by 3,764.3% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 11,593 shares of the company’s stock valued at $189,000 after buying an additional 11,293 shares during the period. Quarry LP acquired a new position in Lazard Global Total Return and Income Fund in the fourth quarter valued at approximately $251,000. Eagle Rock Investment Company LLC purchased a new position in Lazard Global Total Return and Income Fund in the first quarter worth approximately $276,000. Finally, Quantedge Capital Pte Ltd increased its stake in Lazard Global Total Return and Income Fund by 104.4% during the fourth quarter. Quantedge Capital Pte Ltd now owns 22,281 shares of the company’s stock worth $341,000 after acquiring an additional 11,381 shares during the last quarter.

Lazard Global Total Return and Income Fund Stock Performance

NYSE:LGI opened at $17.08 on Friday. Lazard Global Total Return and Income Fund, Inc. has a 52 week low of $12.65 and a 52 week high of $17.12. The stock’s fifty day moving average is $16.64 and its two-hundred day moving average is $16.24.

Lazard Global Total Return and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 23rd. Investors of record on Wednesday, September 11th will be issued a $0.1494 dividend. The ex-dividend date of this dividend is Wednesday, September 11th. This represents a $1.79 annualized dividend and a yield of 10.50%.

About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.