Css LLC Il Acquires 36,229 Shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR)

Css LLC Il increased its position in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 11.7% in the 4th quarter, HoldingsChannel reports. The fund owned 346,748 shares of the investment management company’s stock after acquiring an additional 36,229 shares during the period. Css LLC Il’s holdings in Virtus Global Dividend & Income Fund were worth $2,032,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ZTR. IFP Advisors Inc purchased a new position in Virtus Global Dividend & Income Fund in the fourth quarter valued at $29,000. HighTower Advisors LLC purchased a new position in shares of Virtus Global Dividend & Income Fund during the 4th quarter worth $60,000. Jane Street Group LLC acquired a new position in Virtus Global Dividend & Income Fund in the 4th quarter valued at about $76,000. Alpine Global Management LLC acquired a new position in Virtus Global Dividend & Income Fund in the fourth quarter valued at approximately $79,000. Finally, CF Capital LLC purchased a new position in shares of Virtus Global Dividend & Income Fund during the 4th quarter worth $94,000. Hedge funds and other institutional investors own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Stock Performance

ZTR opened at $6.20 on Wednesday. The business has a fifty day simple moving average of $5.90 and a 200-day simple moving average of $5.92. Virtus Global Dividend & Income Fund Inc. has a 52 week low of $5.22 and a 52 week high of $6.26.

Virtus Global Dividend & Income Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Tuesday, May 13th will be issued a dividend of $0.05 per share. This represents a yield of 9.85%. The ex-dividend date of this dividend is Monday, May 12th.

About Virtus Global Dividend & Income Fund

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.