Stifel Financial Corp Grows Position in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI)

Stifel Financial Corp lifted its holdings in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,751 shares of the company’s stock after buying an additional 1,823 shares during the period. Stifel Financial Corp’s holdings in Lazard Global Total Return and Income Fund were worth $1,370,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Shaker Financial Services LLC purchased a new position in Lazard Global Total Return and Income Fund in the 4th quarter worth approximately $498,000. Mezzasalma Advisors LLC acquired a new position in Lazard Global Total Return and Income Fund during the fourth quarter worth $512,000. Wolverine Asset Management LLC purchased a new stake in Lazard Global Total Return and Income Fund in the 4th quarter valued at $779,000. Wells Fargo & Company MN raised its holdings in shares of Lazard Global Total Return and Income Fund by 1.9% during the 4th quarter. Wells Fargo & Company MN now owns 80,563 shares of the company’s stock worth $1,287,000 after acquiring an additional 1,496 shares during the period. Finally, Guggenheim Capital LLC boosted its position in shares of Lazard Global Total Return and Income Fund by 63.6% during the 4th quarter. Guggenheim Capital LLC now owns 81,970 shares of the company’s stock valued at $1,310,000 after acquiring an additional 31,855 shares during the last quarter.

Lazard Global Total Return and Income Fund Stock Down 0.2 %

Shares of LGI stock opened at $15.49 on Thursday. The firm’s 50-day moving average is $15.14 and its two-hundred day moving average is $16.09. Lazard Global Total Return and Income Fund, Inc. has a 12 month low of $13.35 and a 12 month high of $18.23.

Lazard Global Total Return and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 22nd. Investors of record on Monday, May 12th will be issued a $0.1465 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 11.35%. The ex-dividend date is Monday, May 12th.

Lazard Global Total Return and Income Fund Company Profile

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.