Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its stake in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 8.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 52,288 shares of the investment management company’s stock after buying an additional 4,024 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Virtus Global Dividend & Income Fund were worth $285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Gridiron Partners LLC purchased a new stake in shares of Virtus Global Dividend & Income Fund in the fourth quarter valued at about $156,000. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Virtus Global Dividend & Income Fund by 9.6% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 34,371 shares of the investment management company’s stock valued at $189,000 after buying an additional 3,011 shares during the period. J.W. Cole Advisors Inc. purchased a new stake in shares of Virtus Global Dividend & Income Fund in the first quarter valued at approximately $198,000. Integrated Capital Management Inc. grew its holdings in Virtus Global Dividend & Income Fund by 5.7% during the first quarter. Integrated Capital Management Inc. now owns 38,679 shares of the investment management company’s stock worth $215,000 after acquiring an additional 2,074 shares during the period. Finally, SeaCrest Wealth Management LLC raised its position in Virtus Global Dividend & Income Fund by 8.4% in the first quarter. SeaCrest Wealth Management LLC now owns 59,755 shares of the investment management company’s stock worth $333,000 after acquiring an additional 4,640 shares in the last quarter. 47.14% of the stock is owned by institutional investors and hedge funds.

Virtus Global Dividend & Income Fund Price Performance

Virtus Global Dividend & Income Fund stock opened at $6.13 on Wednesday. Virtus Global Dividend & Income Fund Inc. has a one year low of $4.50 and a one year high of $6.20. The business has a fifty day moving average of $5.85 and a two-hundred day moving average of $5.58.

Virtus Global Dividend & Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th will be issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 9.79%. The ex-dividend date of this dividend is Tuesday, November 12th.

Virtus Global Dividend & Income Fund Company 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.