B. Riley Wealth Advisors Inc. Buys 3,028 Shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR)

B. Riley Wealth Advisors Inc. boosted its position in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 9.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,388 shares of the investment management company’s stock after purchasing an additional 3,028 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Virtus Global Dividend & Income Fund were worth $188,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ZTR. Sculptor Capital LP bought a new position in shares of Virtus Global Dividend & Income Fund during the 2nd quarter worth approximately $2,482,000. J.W. Cole Advisors Inc. lifted its position in Virtus Global Dividend & Income Fund by 70.1% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 60,414 shares of the investment management company’s stock worth $330,000 after buying an additional 24,898 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its stake in shares of Virtus Global Dividend & Income Fund by 81.6% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 29,167 shares of the investment management company’s stock worth $159,000 after buying an additional 13,104 shares during the last quarter. Shaker Financial Services LLC grew its holdings in shares of Virtus Global Dividend & Income Fund by 65.4% in the 2nd quarter. Shaker Financial Services LLC now owns 116,983 shares of the investment management company’s stock valued at $638,000 after acquiring an additional 46,258 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Virtus Global Dividend & Income Fund by 8.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 52,288 shares of the investment management company’s stock valued at $285,000 after acquiring an additional 4,024 shares in the last quarter. Institutional investors and hedge funds own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Trading Down 0.2 %

ZTR opened at $6.02 on Friday. The business’s 50-day simple moving average is $5.95 and its 200 day simple moving average is $5.63. Virtus Global Dividend & Income Fund Inc. has a 52-week low of $4.64 and a 52-week high of $6.21.

Virtus Global Dividend & Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be issued a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 9.97%. The ex-dividend date of this dividend is Tuesday, November 12th.

About Virtus Global Dividend & Income Fund

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.