Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Stock Holdings Trimmed by Sigma Planning Corp

Sigma Planning Corp lessened its position in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 6.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,650 shares of the investment management company’s stock after selling 4,858 shares during the period. Sigma Planning Corp’s holdings in Virtus Global Dividend & Income Fund were worth $426,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Sculptor Capital LP acquired a new stake in Virtus Global Dividend & Income Fund during the second quarter worth about $2,482,000. Alpine Global Management LLC grew its holdings in shares of Virtus Global Dividend & Income Fund by 51.8% during the first quarter. Alpine Global Management LLC now owns 600,000 shares of the investment management company’s stock valued at $3,342,000 after purchasing an additional 204,778 shares during the last quarter. Cetera Advisors LLC acquired a new stake in shares of Virtus Global Dividend & Income Fund during the 1st quarter worth approximately $1,066,000. Shaker Financial Services LLC lifted its holdings in shares of Virtus Global Dividend & Income Fund by 55.5% in the 3rd quarter. Shaker Financial Services LLC now owns 181,877 shares of the investment management company’s stock worth $1,128,000 after purchasing an additional 64,894 shares during the last quarter. Finally, Karpus Management Inc. boosted its position in Virtus Global Dividend & Income Fund by 2.1% during the 1st quarter. Karpus Management Inc. now owns 2,404,220 shares of the investment management company’s stock valued at $13,392,000 after purchasing an additional 50,513 shares during the period. Institutional investors and hedge funds own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Stock Performance

Shares of ZTR opened at $5.89 on Friday. Virtus Global Dividend & Income Fund Inc. has a 12 month low of $5.10 and a 12 month high of $6.21. The stock has a fifty day moving average price of $6.03 and a 200 day moving average price of $5.73.

Virtus Global Dividend & Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.19%.

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.