Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Stock Price Passes Above 50-Day Moving Average of $0.00

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as high as $5.79. Clough Global Dividend and Income Fund shares last traded at $5.77, with a volume of 76,448 shares traded.

Clough Global Dividend and Income Fund Stock Down 0.6 %

Clough Global Dividend and Income Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 22nd were given a dividend of $0.0526 per share. This represents a dividend yield of 10.9%. The ex-dividend date of this dividend was Friday, July 19th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in GLV. Sanctuary Advisors LLC purchased a new stake in Clough Global Dividend and Income Fund during the 2nd quarter worth approximately $132,000. Blue Bell Private Wealth Management LLC acquired a new stake in shares of Clough Global Dividend and Income Fund in the second quarter worth approximately $193,000. Shaker Financial Services LLC increased its position in shares of Clough Global Dividend and Income Fund by 254.1% during the second quarter. Shaker Financial Services LLC now owns 64,508 shares of the investment management company’s stock worth $368,000 after purchasing an additional 46,293 shares in the last quarter. Almitas Capital LLC raised its stake in Clough Global Dividend and Income Fund by 57.7% in the 2nd quarter. Almitas Capital LLC now owns 223,367 shares of the investment management company’s stock valued at $1,273,000 after purchasing an additional 81,718 shares during the last quarter. Finally, Matisse Capital raised its stake in Clough Global Dividend and Income Fund by 538.9% in the 4th quarter. Matisse Capital now owns 278,767 shares of the investment management company’s stock valued at $1,435,000 after purchasing an additional 235,137 shares during the last quarter.

Clough Global Dividend and Income Fund Company Profile

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.