AllianceBernstein Global High Income Fund (NYSE:AWF) Shares Cross Below 200-Day Moving Average – What’s Next?

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.00 and traded as low as $10.80. AllianceBernstein Global High Income Fund shares last traded at $10.86, with a volume of 153,048 shares traded.

AllianceBernstein Global High Income Fund Stock Up 0.6%

The company’s fifty day moving average price is $11.10 and its 200-day moving average price is $11.00.

AllianceBernstein Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 21st. Investors of record on Thursday, November 6th will be paid a dividend of $0.0655 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Thursday, November 6th.

Institutional Trading of AllianceBernstein Global High Income Fund

Hedge funds have recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. increased its position in AllianceBernstein Global High Income Fund by 2.4% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 43,743 shares of the closed-end fund’s stock valued at $490,000 after purchasing an additional 1,016 shares during the period. Sound Income Strategies LLC boosted its position in AllianceBernstein Global High Income Fund by 2.2% during the third quarter. Sound Income Strategies LLC now owns 48,531 shares of the closed-end fund’s stock valued at $536,000 after purchasing an additional 1,050 shares in the last quarter. Choreo LLC grew its stake in AllianceBernstein Global High Income Fund by 6.1% in the second quarter. Choreo LLC now owns 19,635 shares of the closed-end fund’s stock valued at $217,000 after purchasing an additional 1,135 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in AllianceBernstein Global High Income Fund by 2.8% in the second quarter. Atria Wealth Solutions Inc. now owns 43,092 shares of the closed-end fund’s stock valued at $476,000 after purchasing an additional 1,174 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in AllianceBernstein Global High Income Fund by 1.5% in the second quarter. Cetera Investment Advisers now owns 84,733 shares of the closed-end fund’s stock worth $935,000 after purchasing an additional 1,230 shares in the last quarter.

About AllianceBernstein Global High Income Fund

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.