J.W. Cole Advisors Inc. Has $283,000 Holdings in Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR)

J.W. Cole Advisors Inc. lowered its holdings in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 24.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,620 shares of the investment management company’s stock after selling 14,794 shares during the period. J.W. Cole Advisors Inc.’s holdings in Virtus Global Dividend & Income Fund were worth $283,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SeaCrest Wealth Management LLC boosted its position in shares of Virtus Global Dividend & Income Fund by 8.4% during the 1st quarter. SeaCrest Wealth Management LLC now owns 59,755 shares of the investment management company’s stock valued at $333,000 after acquiring an additional 4,640 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Virtus Global Dividend & Income Fund by 18.8% in the 1st quarter. Private Advisor Group LLC now owns 306,593 shares of the investment management company’s stock valued at $1,708,000 after purchasing an additional 48,613 shares during the period. Karpus Management Inc. raised its holdings in shares of Virtus Global Dividend & Income Fund by 2.1% in the 1st quarter. Karpus Management Inc. now owns 2,404,220 shares of the investment management company’s stock worth $13,392,000 after buying an additional 50,513 shares in the last quarter. Alpine Global Management LLC raised its holdings in shares of Virtus Global Dividend & Income Fund by 51.8% in the 1st quarter. Alpine Global Management LLC now owns 600,000 shares of the investment management company’s stock worth $3,342,000 after buying an additional 204,778 shares in the last quarter. Finally, Cetera Advisors LLC bought a new position in shares of Virtus Global Dividend & Income Fund during the 1st quarter worth approximately $1,066,000. Institutional investors own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Stock Performance

Shares of NYSE:ZTR opened at $5.90 on Friday. The business’s fifty day moving average price is $6.03 and its two-hundred day moving average price is $5.69. Virtus Global Dividend & Income Fund Inc. has a fifty-two week low of $4.71 and a fifty-two week high of $6.21.

Virtus Global Dividend & Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be issued a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 10.17%. The ex-dividend date is Tuesday, November 12th.

Virtus Global Dividend & Income Fund Profile

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.