Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lessened its stake in shares of Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 12.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,259 shares of the company’s stock after selling 3,600 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Lazard Global Total Return and Income Fund were worth $404,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Lazard Global Total Return and Income Fund during the 3rd quarter worth approximately $260,000. Mezzasalma Advisors LLC purchased a new position in Lazard Global Total Return and Income Fund during the 4th quarter worth $512,000. Wolverine Asset Management LLC purchased a new position in Lazard Global Total Return and Income Fund during the 4th quarter worth $779,000. Benjamin Edwards Inc. purchased a new position in Lazard Global Total Return and Income Fund during the 3rd quarter worth $1,469,000. Finally, Stifel Financial Corp grew its position in Lazard Global Total Return and Income Fund by 9.6% during the 3rd quarter. Stifel Financial Corp now owns 83,928 shares of the company’s stock worth $1,522,000 after purchasing an additional 7,328 shares during the last quarter.

Lazard Global Total Return and Income Fund Stock Down 1.6 %

Shares of NYSE:LGI opened at $15.37 on Friday. The firm’s 50-day simple moving average is $16.38 and its 200-day simple moving average is $16.80. Lazard Global Total Return and Income Fund, Inc. has a fifty-two week low of $14.84 and a fifty-two week high of $18.23.

Lazard Global Total Return and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be issued a $0.1465 dividend. This represents a $1.76 annualized dividend and a dividend yield of 11.44%. The ex-dividend date of this dividend is Monday, March 10th.

About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.