Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) Shares Bought by Guggenheim Capital LLC

Guggenheim Capital LLC lifted its stake in shares of Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 63.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 81,970 shares of the company’s stock after acquiring an additional 31,855 shares during the period. Guggenheim Capital LLC’s holdings in Lazard Global Total Return and Income Fund were worth $1,310,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of LGI. Raymond James Financial Inc. bought a new stake in shares of Lazard Global Total Return and Income Fund during the 4th quarter worth about $5,393,000. Wolverine Asset Management LLC acquired a new position in shares of Lazard Global Total Return and Income Fund during the fourth quarter valued at approximately $779,000. Mezzasalma Advisors LLC bought a new stake in Lazard Global Total Return and Income Fund during the fourth quarter worth approximately $512,000. Wilmington Savings Fund Society FSB acquired a new stake in Lazard Global Total Return and Income Fund in the third quarter worth approximately $260,000. Finally, LPL Financial LLC boosted its stake in Lazard Global Total Return and Income Fund by 1.8% during the 4th quarter. LPL Financial LLC now owns 161,412 shares of the company’s stock valued at $2,579,000 after purchasing an additional 2,900 shares in the last quarter.

Lazard Global Total Return and Income Fund Price Performance

LGI opened at $14.04 on Tuesday. The stock’s fifty day moving average is $15.53 and its 200-day moving average is $16.27. Lazard Global Total Return and Income Fund, Inc. has a one year low of $13.35 and a one year high of $18.23.

Lazard Global Total Return and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Thursday, April 10th will be given a dividend of $0.1465 per share. The ex-dividend date is Thursday, April 10th. This represents a $1.76 annualized dividend and a dividend yield of 12.52%.

About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.