Shaker Financial Services LLC cut its holdings in shares of Alliance World (NYSE:AWF) by 28.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,162 shares of the closed-end fund’s stock after selling 40,441 shares during the period. Shaker Financial Services LLC owned approximately 0.12% of Alliance World worth $1,307,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. SignalPoint Asset Management LLC lifted its holdings in Alliance World by 0.7% during the second quarter. SignalPoint Asset Management LLC now owns 40,164 shares of the closed-end fund’s stock worth $519,000 after acquiring an additional 278 shares in the last quarter. Allegis Investment Advisors LLC lifted its holdings in Alliance World by 5.7% during the second quarter. Allegis Investment Advisors LLC now owns 17,276 shares of the closed-end fund’s stock worth $224,000 after acquiring an additional 937 shares in the last quarter. National Planning Corp lifted its holdings in Alliance World by 3.4% during the second quarter. National Planning Corp now owns 35,654 shares of the closed-end fund’s stock worth $461,000 after acquiring an additional 1,187 shares in the last quarter. Advisor Group Inc. lifted its holdings in Alliance World by 5.2% during the second quarter. Advisor Group Inc. now owns 27,441 shares of the closed-end fund’s stock worth $356,000 after acquiring an additional 1,354 shares in the last quarter. Finally, Flagship Harbor Advisors LLC lifted its holdings in Alliance World by 2.0% during the second quarter. Flagship Harbor Advisors LLC now owns 125,107 shares of the closed-end fund’s stock worth $1,605,000 after acquiring an additional 2,460 shares in the last quarter. Hedge funds and other institutional investors own 18.92% of the company’s stock.

Alliance World (NYSE AWF) opened at $12.59 on Friday. The firm has a market capitalization of $1,085.64, a PE ratio of 15.35 and a beta of 0.33. Alliance World has a twelve month low of $12.00 and a twelve month high of $13.12.

The company also recently declared a monthly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 3rd were issued a $0.0699 dividend. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.66%. Alliance World’s dividend payout ratio (DPR) is 39.45%.

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About Alliance World

AllianceBernstein Global High Income Fund, Inc is a diversified, closed-end management investment company. The Fund seeks high current income, and secondarily, capital appreciation. The Fund invests without limit in securities denominated in non-united States currencies, as well as those denominated in the US dollar.

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Institutional Ownership by Quarter for Alliance World (NYSE:AWF)

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