Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Plans $0.05 Monthly Dividend

Clough Global Opportunities Fund (NYSEAMERICAN:GLOGet Free Report) declared a monthly dividend on Tuesday, July 7th. Investors of record on Friday, July 17th will be given a dividend of 0.0537 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date is Friday, July 17th.

Clough Global Opportunities Fund Stock Down 1.3%

GLO traded down $0.08 on Tuesday, hitting $6.03. 101,695 shares of the company’s stock traded hands, compared to its average volume of 182,344. The company’s 50 day simple moving average is $5.95 and its 200-day simple moving average is $5.86. Clough Global Opportunities Fund has a one year low of $5.33 and a one year high of $6.18.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GLO. SeaCrest Wealth Management LLC grew its holdings in Clough Global Opportunities Fund by 5.6% in the fourth quarter. SeaCrest Wealth Management LLC now owns 56,526 shares of the investment management company’s stock worth $327,000 after purchasing an additional 2,974 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of Clough Global Opportunities Fund by 11.5% in the 2nd quarter. Raymond James Financial Inc. now owns 47,645 shares of the investment management company’s stock worth $259,000 after purchasing an additional 4,909 shares in the last quarter. TrueMark Investments LLC grew its stake in Clough Global Opportunities Fund by 2.5% during the 4th quarter. TrueMark Investments LLC now owns 199,917 shares of the investment management company’s stock worth $1,132,000 after buying an additional 4,917 shares during the last quarter. Wolverine Asset Management LLC increased its position in Clough Global Opportunities Fund by 35.8% during the 4th quarter. Wolverine Asset Management LLC now owns 34,648 shares of the investment management company’s stock valued at $196,000 after buying an additional 9,127 shares in the last quarter. Finally, Bank of America Corp DE increased its position in Clough Global Opportunities Fund by 318.9% during the 3rd quarter. Bank of America Corp DE now owns 13,112 shares of the investment management company’s stock valued at $75,000 after buying an additional 9,982 shares in the last quarter.

Clough Global Opportunities Fund Company Profile

(Get Free Report)

Clough Global Opportunities Fund (NYSE American: GLO) is a closed-end management investment company that seeks to deliver attractive risk-adjusted returns through a focus on income generation and capital appreciation. Trading on the NYSE American exchange, the fund invests primarily in the equity securities of global companies operating across energy, utilities, transportation, chemicals and other infrastructure-related industries. By concentrating on sectors critical to the world’s economic growth, the fund aims to provide investors with diversified exposure to both developed and emerging markets.

The fund’s investment strategy is driven by bottom-up research and fundamental analysis.

Further Reading

Dividend History for Clough Global Opportunities Fund (NYSEAMERICAN:GLO)

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