Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Share Price Crosses Above 50 Day Moving Average of $0.00

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.00 and traded as high as $5.02. Clough Global Opportunities Fund shares last traded at $5.00, with a volume of 149,082 shares traded.

Clough Global Opportunities Fund Stock Performance

Clough Global Opportunities Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, April 30th. Investors of record on Friday, April 19th were given a dividend of $0.048 per share. This represents a yield of 11.63%. The ex-dividend date was Thursday, April 18th.

Insider Buying and Selling at Clough Global Opportunities Fund

In other Clough Global Opportunities Fund news, insider Charles Clough, Jr. bought 20,000 shares of the business’s stock in a transaction on Monday, February 12th. The stock was bought at an average price of $5.04 per share, with a total value of $100,800.00. Following the completion of the purchase, the insider now directly owns 280,445 shares in the company, valued at $1,413,442.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Charles Clough, Jr. acquired 20,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was acquired at an average price of $5.04 per share, for a total transaction of $100,800.00. Following the purchase, the insider now owns 280,445 shares of the company’s stock, valued at approximately $1,413,442.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Charles Clough, Jr. bought 50,000 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The shares were purchased at an average price of $4.94 per share, for a total transaction of $247,000.00. Following the completion of the purchase, the insider now directly owns 350,445 shares of the company’s stock, valued at approximately $1,731,198.30. The disclosure for this purchase can be found here. Insiders have bought 90,000 shares of company stock worth $448,000 in the last ninety days.

Institutional Investors Weigh In On Clough Global Opportunities Fund

Several institutional investors have recently added to or reduced their stakes in GLO. 180 Wealth Advisors LLC boosted its stake in Clough Global Opportunities Fund by 10.6% in the third quarter. 180 Wealth Advisors LLC now owns 36,560 shares of the investment management company’s stock valued at $162,000 after acquiring an additional 3,510 shares in the last quarter. Cornerstone Advisors LLC boosted its position in shares of Clough Global Opportunities Fund by 201.4% in the 3rd quarter. Cornerstone Advisors LLC now owns 435,158 shares of the investment management company’s stock valued at $1,928,000 after purchasing an additional 290,785 shares during the period. AQR Arbitrage LLC grew its stake in Clough Global Opportunities Fund by 204.5% during the 3rd quarter. AQR Arbitrage LLC now owns 253,757 shares of the investment management company’s stock worth $1,124,000 after buying an additional 170,415 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Clough Global Opportunities Fund by 35.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 436,028 shares of the investment management company’s stock worth $2,049,000 after buying an additional 112,994 shares during the period. Finally, Kayne Anderson Capital Advisors LP acquired a new position in Clough Global Opportunities Fund during the fourth quarter worth approximately $367,000.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.