Strategic Global Government Fund Inc. Closed-End Fund (NYSE:RCS) Shares Pass Above 50 Day Moving Average of $9.59

Strategic Global Government Fund Inc. Closed-End Fund (NYSE:RCS) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.59 and traded as high as $9.19. Strategic Global Government Fund Inc. Closed-End Fund shares last traded at $9.14, with a volume of 42,392 shares.

The stock has a fifty day simple moving average of $9.58 and a two-hundred day simple moving average of $9.77.

The business also recently declared a — dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th will be issued a $0.0612 dividend. This represents a yield of 7.9%. The ex-dividend date is Thursday, September 12th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC boosted its holdings in Strategic Global Government Fund Inc. Closed-End Fund by 5.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 614,488 shares of the investment management company’s stock worth $5,966,000 after acquiring an additional 30,030 shares during the period. Morgan Stanley boosted its stake in shares of Strategic Global Government Fund Inc. Closed-End Fund by 10.8% during the 2nd quarter. Morgan Stanley now owns 451,141 shares of the investment management company’s stock valued at $4,381,000 after buying an additional 44,031 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Strategic Global Government Fund Inc. Closed-End Fund by 152.8% during the 2nd quarter. LPL Financial LLC now owns 407,032 shares of the investment management company’s stock valued at $3,952,000 after buying an additional 246,024 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of Strategic Global Government Fund Inc. Closed-End Fund by 3.7% during the 2nd quarter. MML Investors Services LLC now owns 371,788 shares of the investment management company’s stock valued at $3,610,000 after buying an additional 13,105 shares during the last quarter. Finally, Advisor Group Inc. boosted its stake in shares of Strategic Global Government Fund Inc. Closed-End Fund by 17.6% during the 2nd quarter. Advisor Group Inc. now owns 168,979 shares of the investment management company’s stock valued at $1,640,000 after buying an additional 25,231 shares during the last quarter. Hedge funds and other institutional investors own 8.62% of the company’s stock.

About Strategic Global Government Fund Inc. Closed-End Fund (NYSE:RCS)

PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.

Featured Article: How prevalent are 12b-1 fees?

Receive News & Ratings for Strategic Global Government Fund Inc. Closed-End Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Global Government Fund Inc. Closed-End Fund and related companies with MarketBeat.com's FREE daily email newsletter.