Stifel Financial Corp Raises Stock Holdings in Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR)

Stifel Financial Corp increased its stake 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 and Exchange Commission. The institutional investor owned 967,838 shares of the investment management company’s stock after purchasing an additional 96,299 shares during the quarter. Stifel Financial Corp’s holdings in Virtus Global Dividend & Income Fund were worth $5,672,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc acquired a new stake in shares of Virtus Global Dividend & Income Fund during the 4th quarter worth about $29,000. HighTower Advisors LLC acquired a new stake in Virtus Global Dividend & Income Fund during the fourth quarter worth approximately $60,000. Mariner LLC purchased a new stake in Virtus Global Dividend & Income Fund in the 4th quarter worth approximately $95,000. Truist Financial Corp acquired a new position in Virtus Global Dividend & Income Fund in the 4th quarter valued at $168,000. Finally, GWN Securities Inc. purchased a new position in shares of Virtus Global Dividend & Income Fund during the 4th quarter worth $200,000. Institutional investors and hedge funds own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Stock Up 0.6 %

Shares of NYSE:ZTR opened at $6.04 on Wednesday. The business has a fifty day simple moving average of $5.82 and a 200-day simple 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 firm also recently declared a dividend, which was paid on Tuesday, April 29th. Shareholders of record on Friday, April 11th were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, April 11th.

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.