Clough Global Opportunities Fund (NYSEAMERICAN:GLO – Get Free Report) declared a monthly dividend on Wednesday, October 7th. Stockholders of record on Monday, October 19th will be given a dividend of $0.0537 per share by the investment management company on Friday, October 30th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date of this dividend is Monday, October 19th.
Clough Global Opportunities Fund Price Performance
Shares of NYSEAMERICAN:GLO traded down $0.05 during midday trading on Friday, reaching $5.39. The company had a trading volume of 86,171 shares, compared to its average volume of 156,845. The company’s 50 day moving average price is $5.61 and its 200 day moving average price is $5.79. Clough Global Opportunities Fund has a 52-week low of $5.25 and a 52-week high of $6.18.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in GLO. Concurrent Investment Advisors LLC grew its stake in Clough Global Opportunities Fund by 6.9% during the second quarter. Concurrent Investment Advisors LLC now owns 62,073 shares of the investment management company’s stock valued at $380,000 after acquiring an additional 4,000 shares in the last quarter. PNC Financial Services Group Inc. purchased a new stake in Clough Global Opportunities Fund in the 1st quarter worth approximately $56,000. NWF Advisory Services Inc. purchased a new stake in Clough Global Opportunities Fund in the 4th quarter worth approximately $85,000. CoreCap Advisors LLC boosted its holdings in Clough Global Opportunities Fund by 51.7% in the 2nd quarter. CoreCap Advisors LLC now owns 64,614 shares of the investment management company’s stock valued at $395,000 after purchasing an additional 22,027 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in Clough Global Opportunities Fund by 3.2% in the 1st quarter. Private Advisor Group LLC now owns 735,486 shares of the investment management company’s stock valued at $4,097,000 after purchasing an additional 22,963 shares during the period.
About Clough Global Opportunities Fund
Clough Global Opportunities Fund is a publicly traded closed-end investment fund listed on the NYSE American under the symbol GLO. The fund seeks to provide a high level of total return through a combination of current income and capital appreciation.
The fund invests globally across equity and debt securities, giving its portfolio exposure to companies, industries and fixed-income markets in the United States and other developed and emerging-market countries. Its investment approach is flexible and may shift among asset classes, sectors and geographies as market conditions and investment opportunities change.
Clough Global Opportunities Fund is advised by Clough Capital Partners L.P., an investment management firm known for managing global, research-driven strategies.
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