Lazard Global Total Return and Income Fund, Inc. $LGI Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its holdings in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 7.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 173,244 shares of the company’s stock after acquiring an additional 11,832 shares during the period. LPL Financial LLC’s holdings in Lazard Global Total Return and Income Fund were worth $2,670,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC lifted its holdings in Lazard Global Total Return and Income Fund by 72.5% in the first quarter. Flagship Harbor Advisors LLC now owns 25,856 shares of the company’s stock valued at $398,000 after acquiring an additional 10,868 shares during the last quarter. Waverly Advisors LLC acquired a new position in Lazard Global Total Return and Income Fund during the fourth quarter worth $238,000. Quarry LP purchased a new position in shares of Lazard Global Total Return and Income Fund during the fourth quarter worth $32,000. Stifel Financial Corp grew its stake in shares of Lazard Global Total Return and Income Fund by 2.2% in the fourth quarter. Stifel Financial Corp now owns 85,751 shares of the company’s stock valued at $1,370,000 after buying an additional 1,823 shares in the last quarter. Finally, Shaker Financial Services LLC acquired a new stake in shares of Lazard Global Total Return and Income Fund in the fourth quarter valued at $498,000.

Lazard Global Total Return and Income Fund Stock Up 0.2%

Shares of NYSE LGI opened at $17.44 on Monday. Lazard Global Total Return and Income Fund, Inc. has a twelve month low of $13.35 and a twelve month high of $18.23. The stock has a fifty day simple moving average of $16.75 and a 200-day simple moving average of $16.08.

Lazard Global Total Return and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Monday, August 11th will be paid a $0.1465 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a c) dividend on an annualized basis and a dividend yield of 10.1%.

Lazard Global Total Return and Income Fund Company Profile

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.