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

Ameritas Advisory Services LLC lowered its holdings in shares of Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) by 21.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 18,041 shares of the investment management company’s stock after selling 4,920 shares during the quarter. 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.

Other institutional investors and hedge funds also recently modified their holdings of the company. Walleye Capital LLC acquired a new stake in Virtus Global Dividend & Income Fund during the 3rd quarter valued at $137,000. Wolverine Asset Management LLC acquired a new stake in shares of Virtus Global Dividend & Income Fund during the third quarter valued at $170,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of Virtus Global Dividend & Income Fund by 9.7% during the second quarter. B. Riley Wealth Advisors Inc. now owns 34,388 shares of the investment management company’s stock valued at $188,000 after acquiring an additional 3,028 shares during the last quarter. Integrated Capital Management Inc. increased its position in Virtus Global Dividend & Income Fund by 4.8% during the 3rd quarter. Integrated Capital Management Inc. now owns 42,523 shares of the investment management company’s stock worth $264,000 after purchasing an additional 1,933 shares in the last quarter. Finally, Shaker Financial Services LLC raised its stake in Virtus Global Dividend & Income Fund by 55.5% in the 3rd quarter. Shaker Financial Services LLC now owns 181,877 shares of the investment management company’s stock valued at $1,128,000 after purchasing an additional 64,894 shares during the last quarter. Hedge funds and other institutional investors own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Trading Up 0.1 %

Shares of NYSE ZTR opened at $5.98 on Friday. The company has a 50-day simple moving average of $5.98 and a 200-day simple moving average of $5.93. Virtus Global Dividend & Income Fund Inc. has a 12 month low of $5.14 and a 12 month high of $6.26.

Virtus Global Dividend & Income Fund Announces Dividend

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

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.