Stifel Financial Corp Buys 33,535 Shares of Virtus Global Dividend & Income Fund Inc (ZTR)

Stifel Financial Corp lifted its stake in Virtus Global Dividend & Income Fund Inc (NYSE:ZTR) by 22.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 186,011 shares of the investment management company’s stock after buying an additional 33,535 shares during the period. Stifel Financial Corp owned about 0.72% of Virtus Global Dividend & Income Fund worth $2,456,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of ZTR. Advisor Group Inc. raised its holdings in shares of Virtus Global Dividend & Income Fund by 333.0% in the 2nd quarter. Advisor Group Inc. now owns 9,479 shares of the investment management company’s stock worth $120,000 after buying an additional 7,290 shares in the last quarter. Doliver Capital Advisors LP acquired a new position in shares of Virtus Global Dividend & Income Fund in the 3rd quarter worth approximately $133,000. Ameriprise Financial Inc. acquired a new position in shares of Virtus Global Dividend & Income Fund in the 2nd quarter worth approximately $157,000. Royal Bank of Canada raised its holdings in shares of Virtus Global Dividend & Income Fund by 26.3% in the 2nd quarter. Royal Bank of Canada now owns 59,115 shares of the investment management company’s stock worth $746,000 after buying an additional 12,297 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new position in shares of Virtus Global Dividend & Income Fund in the 2nd quarter worth approximately $1,232,000. 4.20% of the stock is owned by institutional investors and hedge funds.

Virtus Global Dividend & Income Fund Inc (NYSE:ZTR) opened at $13.23 on Thursday. Virtus Global Dividend & Income Fund Inc has a twelve month low of $11.16 and a twelve month high of $13.79.

The business also recently announced a monthly dividend, which was paid on Monday, December 18th. Stockholders of record on Monday, December 11th were issued a $0.113 dividend. The ex-dividend date was Friday, December 8th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 10.25%.

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About Virtus Global Dividend & Income Fund

Virtus Global Dividend & Income Fund Inc (the Fund), formerly The Zweig Total Return Fund, Inc, is a closed-end, diversified management investment company. The Fund’s investment objective is to seek total return, consisting of capital appreciation and income. It is invested in a balance of approximately 60% equity and 40% fixed income investments.

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Institutional Ownership by Quarter for Virtus Global Dividend & Income Fund (NYSE:ZTR)

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