Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Stock Holdings Raised by LPL Financial LLC

LPL Financial LLC raised its position in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 22.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,113,398 shares of the investment management company’s stock after purchasing an additional 206,237 shares during the period. LPL Financial LLC’s holdings in Virtus Global Dividend & Income Fund were worth $6,525,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Walleye Capital LLC acquired a new position in shares of Virtus Global Dividend & Income Fund in the 3rd quarter worth approximately $137,000. Stifel Financial Corp lifted its stake in shares of Virtus Global Dividend & Income Fund by 33.7% in the 3rd quarter. Stifel Financial Corp now owns 871,539 shares of the investment management company’s stock valued at $5,404,000 after purchasing an additional 219,609 shares during the last quarter. Park Avenue Securities LLC boosted its position 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 purchasing an additional 4,602 shares during the period. Absolute Investment Advisers LLC acquired a new position in Virtus Global Dividend & Income Fund during the 4th quarter worth $9,355,000. Finally, Truist Financial Corp acquired a new stake in shares of Virtus Global Dividend & Income Fund in the fourth quarter worth $168,000. 47.14% of the stock is owned by institutional investors and hedge funds.

Virtus Global Dividend & Income Fund Price Performance

ZTR stock opened at $5.60 on Monday. The business’s 50-day simple moving average is $5.89 and its 200 day simple moving average is $5.96. Virtus Global Dividend & Income Fund Inc. has a twelve month low of $5.25 and a twelve month high of $6.26.

Virtus Global Dividend & Income Fund Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 29th. Investors of record on Friday, April 11th will be paid a $0.05 dividend. The ex-dividend date of this dividend is 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.