Guggenheim Partners Investment Ma recently announced the acquisition of new stake in Clough Global Dividend and Income Fund (AMEX:GLV). The institutional investor has increased its shareholding in the Financial company by 2.77% to 0.17 million shares with purchase of 4676.0 shares. This fresh investment now brings its stake to 1.38% valued currently at $1.11 million. In addition, Gould Capital LLC raised its holdings by 829.0 to 33307.0 shares.
With over 0.17 million Clough Global Dividend and Income Fund (GLV) shares trading Monday and a closing price of $6.38 on the day, the dollar volume was approximately $1.11 million. The shares have shown a negative half year performance of -22.10% and its price on 01/23/23 gained nearly 0.16%. Currently, there are 12.55M common shares owned by the public and among those 12.46M shares have been available to trade.
Insiders at the company have transacted a total of 1 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 1 occasions, with total insider shares sold totaling 756 shares.
Guggenheim Multi Hedge Strategies owns 406.0 shares of the company’s stock, all valued at over $2598.0. The company bought an additional 406.0 shares recently to bring their total holdings to about 0.00% of the shares outstanding.
However, the script later moved the day high at 6.38, up 0.16%. The company’s stock has a 5-day price change of -2.30% and 0.63% over the past three months. GLV shares are trading -0.31% year to date (YTD), with the 12-month market performance down to -38.65% lower. It has a 12-month low price of $6.24 and touched a high of $10.40 over the same period. GLV has an average intraday trading volume of 53.27K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.32%, -7.18%, and -17.80% respectively.
Institutional ownership of Clough Global Dividend and Income Fund (AMEX: GLV) shares accounts for 9.62% of the company’s 12.55M shares outstanding. Mutual fund holders own 17.82%, while other institutional holders and individual stakeholders account for 9.45% and 0.00% respectively.
It has a market capitalization of $80.10M. The stock’s trailing 12-month PE ratio is 2.79, while the earnings-per-share (ttm) stands at $2.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.84% over the week and 2.88% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.