Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Shares Bought by Stifel Financial Corp

Stifel Financial Corp lifted its position in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 11.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 967,838 shares of the investment management company’s stock after buying an additional 96,299 shares during the period. Stifel Financial Corp’s holdings in Virtus Global Dividend & Income Fund were worth $5,672,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Park Avenue Securities LLC increased its stake in Virtus Global Dividend & Income Fund by 2.0% during the fourth quarter. Park Avenue Securities LLC now owns 234,351 shares of the investment management company’s stock worth $1,373,000 after acquiring an additional 4,602 shares during the last quarter. Absolute Investment Advisers LLC purchased a new stake in shares of Virtus Global Dividend & Income Fund during the 4th quarter worth about $9,355,000. Truist Financial Corp acquired a new stake in Virtus Global Dividend & Income Fund during the 4th quarter worth approximately $168,000. IFP Advisors Inc purchased a new position in Virtus Global Dividend & Income Fund in the fourth quarter valued at approximately $29,000. Finally, Raymond James Financial Inc. acquired a new position in Virtus Global Dividend & Income Fund during the fourth quarter valued at approximately $886,000. 47.14% of the stock is owned by hedge funds and other institutional investors.

Virtus Global Dividend & Income Fund Trading Up 0.6 %

ZTR opened at $6.04 on Wednesday. The company has a 50 day moving average of $5.82 and a two-hundred day moving average of $5.91. 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 Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 29th. Shareholders of record on Friday, April 11th were given a $0.05 dividend. The ex-dividend date of this dividend was Friday, April 11th.

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.