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

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-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 trading hands.

Clough Global Dividend and Income Fund Price Performance

Clough Global Dividend and Income Fund Dividend Announcement

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

Institutional Investors Weigh In On Clough Global Dividend and Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Matisse Capital boosted its stake in shares of Clough Global Dividend and Income Fund by 538.9% during the fourth 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 in the last quarter. Almitas Capital LLC lifted its position in Clough Global Dividend and Income Fund by 57.7% during the second quarter. Almitas Capital LLC now owns 223,367 shares of the investment management company’s stock valued at $1,273,000 after acquiring an additional 81,718 shares during the last quarter. Shaker Financial Services LLC boosted its stake in Clough Global Dividend and Income Fund by 254.1% in the second quarter. Shaker Financial Services LLC now owns 64,508 shares of the investment management company’s stock valued at $368,000 after acquiring an additional 46,293 shares in the last quarter. Blue Bell Private Wealth Management LLC purchased a new position in Clough Global Dividend and Income Fund in the second quarter worth $193,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Clough Global Dividend and Income Fund during the second quarter worth $132,000.

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.