Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Shares Sold by Shaker Financial Services LLC

Shaker Financial Services LLC lessened its stake in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 33.4% during the 4th quarter, Holdings Channel reports. The fund owned 121,089 shares of the investment management company’s stock after selling 60,788 shares during the quarter. Shaker Financial Services LLC’s holdings in Virtus Global Dividend & Income Fund were worth $710,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ZTR. IFP Advisors Inc acquired a new position in Virtus Global Dividend & Income Fund in the 4th quarter valued at about $29,000. HighTower Advisors LLC acquired a new stake in Virtus Global Dividend & Income Fund during the fourth quarter worth $60,000. Mariner LLC purchased a new stake in Virtus Global Dividend & Income Fund in the fourth quarter valued at $95,000. Truist Financial Corp purchased a new position in shares of Virtus Global Dividend & Income Fund during the 4th quarter worth $168,000. Finally, Invesco Ltd. acquired a new stake in shares of Virtus Global Dividend & Income Fund during the 4th quarter worth about $197,000. Institutional investors and hedge funds own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Stock Down 1.5 %

NYSE ZTR opened at $5.80 on Tuesday. The firm’s 50-day moving average is $5.81 and its two-hundred day moving average is $5.92. Virtus Global Dividend & Income Fund Inc. has a 12 month low of $5.22 and a 12 month high of $6.26.

Virtus Global Dividend & Income Fund Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 29th. Investors of record on Friday, April 11th will be issued a $0.05 dividend. The ex-dividend date is Friday, April 11th.

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.