Clough Global Equity Fund (NYSEAMERICAN:GLQ) Stock Price Crosses Below Fifty Day Moving Average of $0.00

Share on StockTwits

Clough Global Equity Fund (NYSEAMERICAN:GLQ) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as low as $11.36. Clough Global Equity Fund shares last traded at $11.36, with a volume of 322 shares traded.

The firm also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 20th were given a dividend of $0.1106 per share. This represents a dividend yield of 11.6%. The ex-dividend date was Thursday, September 19th.

Several hedge funds and other institutional investors have recently modified their holdings of GLQ. Cohen & Steers Inc. acquired a new position in Clough Global Equity Fund during the second quarter worth approximately $128,000. Parisi Gray Wealth Management increased its position in Clough Global Equity Fund by 20.9% during the second quarter. Parisi Gray Wealth Management now owns 11,000 shares of the investment management company’s stock worth $141,000 after buying an additional 1,900 shares during the period. Weiss Asset Management LP acquired a new position in Clough Global Equity Fund during the second quarter worth approximately $445,000. Advisor Group Inc. increased its position in Clough Global Equity Fund by 8.6% during the second quarter. Advisor Group Inc. now owns 54,450 shares of the investment management company’s stock worth $696,000 after buying an additional 4,300 shares during the period. Finally, Morgan Stanley increased its position in Clough Global Equity Fund by 8.3% during the second quarter. Morgan Stanley now owns 403,523 shares of the investment management company’s stock worth $5,161,000 after buying an additional 30,770 shares during the period.

Clough Global Equity Fund Company Profile (NYSEAMERICAN:GLQ)

Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company's competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation.

See Also: Economic Reports

Receive News & Ratings for Clough Global Equity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clough Global Equity Fund and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.