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

Ameritas Advisory Services LLC decreased its holdings in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 21.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,041 shares of the investment management company’s stock after selling 4,920 shares during the period. Ameritas Advisory Services LLC’s holdings in Virtus Global Dividend & Income Fund were worth $106,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Walleye Capital LLC acquired a new position in Virtus Global Dividend & Income Fund during the third quarter worth $137,000. B. Riley Wealth Advisors Inc. grew its stake in shares of Virtus Global Dividend & Income Fund by 9.7% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 34,388 shares of the investment management company’s stock worth $188,000 after purchasing an additional 3,028 shares during the period. Sculptor Capital LP purchased a new position in shares of Virtus Global Dividend & Income Fund in the 2nd quarter valued at about $2,482,000. Stifel Financial Corp increased its holdings in shares of Virtus Global Dividend & Income Fund by 33.7% in the 3rd quarter. Stifel Financial Corp now owns 871,539 shares of the investment management company’s stock valued at $5,404,000 after purchasing an additional 219,609 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new stake in shares of Virtus Global Dividend & Income Fund in the third quarter valued at about $10,857,000. 47.14% of the stock is owned by hedge funds and other institutional investors.

Virtus Global Dividend & Income Fund Stock Performance

Shares of ZTR opened at $5.98 on Friday. Virtus Global Dividend & Income Fund Inc. has a twelve month low of $5.14 and a twelve month high of $6.26. The firm’s 50-day moving average is $5.98 and its two-hundred day moving average is $5.93.

Virtus Global Dividend & Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, March 13th will be issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.04%. The ex-dividend date of this dividend is Thursday, March 13th.

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.