Jane Street Group LLC Invests $76,000 in Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR)

Jane Street Group LLC purchased a new stake in Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,898 shares of the investment management company’s stock, valued at approximately $76,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. purchased a new stake in shares of Virtus Global Dividend & Income Fund in the fourth quarter valued at $4,963,000. Quarry LP lifted its stake in Virtus Global Dividend & Income Fund by 266.9% in the 4th quarter. Quarry LP now owns 766,435 shares of the investment management company’s stock worth $4,491,000 after acquiring an additional 557,522 shares in the last quarter. Guggenheim Capital LLC boosted its position in Virtus Global Dividend & Income Fund by 33.1% during the 4th quarter. Guggenheim Capital LLC now owns 947,533 shares of the investment management company’s stock worth $5,553,000 after acquiring an additional 235,804 shares during the period. LPL Financial LLC grew its stake in Virtus Global Dividend & Income Fund by 22.7% during the 4th quarter. LPL Financial LLC now owns 1,113,398 shares of the investment management company’s stock valued at $6,525,000 after acquiring an additional 206,237 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Virtus Global Dividend & Income Fund in the 4th quarter valued at about $886,000. Institutional investors and hedge funds own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Stock Up 0.6%

Shares of ZTR opened at $6.18 on Monday. The company’s 50 day moving average price is $5.96 and its 200 day moving average price is $5.94. Virtus Global Dividend & Income Fund Inc. has a 52 week low of $5.22 and a 52 week high of $6.26.

Virtus Global Dividend & Income Fund Announces Dividend

The business also recently declared a jul 25 dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Friday, July 11th will be issued a dividend of $0.05 per share. This represents a dividend yield of 9.8%. The ex-dividend date of this dividend is Friday, July 11th.

Virtus Global Dividend & Income Fund Profile

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.