Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Stock Price Crosses Above 50 Day Moving Average of $0.00

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as high as $5.84. Clough Global Dividend and Income Fund shares last traded at $5.73, with a volume of 34,643 shares traded.

Clough Global Dividend and Income Fund Stock Down 1.9 %

Clough Global Dividend and Income Fund Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, July 22nd were issued a $0.0526 dividend. The ex-dividend date of this dividend was Friday, July 19th. This represents a yield of 10.9%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Clough Global Dividend and Income Fund stock. Shaker Financial Services LLC increased its position in shares of Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) by 254.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,508 shares of the investment management company’s stock after purchasing an additional 46,293 shares during the period. Shaker Financial Services LLC’s holdings in Clough Global Dividend and Income Fund were worth $368,000 at the end of the most recent reporting period.

About Clough Global Dividend and Income Fund

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.