Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Shares Pass Above 50 Day Moving Average of $0.00

Shares of Clough Global Dividend and Income Fund (NYSEAMERICAN:GLVGet Rating) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.00 and traded as high as $7.18. Clough Global Dividend and Income Fund shares last traded at $7.07, with a volume of 73,040 shares.

Clough Global Dividend and Income Fund Price Performance

Clough Global Dividend and Income Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 31st. Stockholders of record on Friday, October 21st were paid a $0.0906 dividend. The ex-dividend date of this dividend was Thursday, October 20th. This represents a dividend yield of 16.73%.

Institutional Investors Weigh In On Clough Global Dividend and Income Fund

A number of institutional investors have recently made changes to their positions in GLV. B. Riley Wealth Advisors Inc. boosted its position in Clough Global Dividend and Income Fund by 80.4% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 22,501 shares of the investment management company’s stock valued at $150,000 after buying an additional 10,031 shares during the period. Royal Bank of Canada boosted its position in Clough Global Dividend and Income Fund by 7.5% during the 3rd quarter. Royal Bank of Canada now owns 29,994 shares of the investment management company’s stock valued at $199,000 after buying an additional 2,093 shares during the period. Guggenheim Capital LLC boosted its position in Clough Global Dividend and Income Fund by 2.8% during the 3rd quarter. Guggenheim Capital LLC now owns 173,516 shares of the investment management company’s stock valued at $1,154,000 after buying an additional 4,676 shares during the period. Arete Wealth Advisors LLC purchased a new stake in Clough Global Dividend and Income Fund during the 3rd quarter valued at $83,000. Finally, B. Riley Wealth Management Inc. boosted its position in Clough Global Dividend and Income Fund by 48.5% during the 2nd quarter. B. Riley Wealth Management Inc. now owns 24,500 shares of the investment management company’s stock valued at $199,000 after buying an additional 8,000 shares during the period.

About Clough Global Dividend and Income Fund

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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.

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