AllianceBernstein Global Hgh Incm Fd Inc (AWF) Holdings Raised by Nwam LLC

AllianceBernstein Global Hgh Incm Fd Inc (AWF) Holdings Raised by Nwam LLC

Nwam LLC boosted its stake in shares of AllianceBernstein Global Hgh Incm Fd Inc (NYSE:AWF) by 5.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,149 shares of the closed-end fund’s stock after buying an additional 4,299 shares during the period. Nwam LLC owned about 0.09% of AllianceBernstein Global Hgh Incm Fd worth $906,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Wells Fargo & Company MN grew its stake in AllianceBernstein Global Hgh Incm Fd by 1.4% during the 3rd quarter. Wells Fargo & Company MN now owns 392,778 shares of the closed-end fund’s stock valued at $4,576,000 after acquiring an additional 5,571 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in AllianceBernstein Global Hgh Incm Fd during the 3rd quarter valued at about $204,000. Rivernorth Capital Management LLC grew its stake in AllianceBernstein Global Hgh Incm Fd by 5.9% during the 3rd quarter. Rivernorth Capital Management LLC now owns 404,831 shares of the closed-end fund’s stock valued at $4,716,000 after acquiring an additional 22,500 shares in the last quarter. Bramshill Investments LLC grew its stake in AllianceBernstein Global Hgh Incm Fd by 27.0% during the 3rd quarter. Bramshill Investments LLC now owns 40,222 shares of the closed-end fund’s stock valued at $469,000 after acquiring an additional 8,552 shares in the last quarter. Finally, Morgan Stanley grew its stake in AllianceBernstein Global Hgh Incm Fd by 13.4% during the 3rd quarter. Morgan Stanley now owns 3,135,130 shares of the closed-end fund’s stock valued at $36,525,000 after acquiring an additional 369,293 shares in the last quarter. Hedge funds and other institutional investors own 22.91% of the company’s stock.

NYSE:AWF traded down $0.04 on Thursday, hitting $11.63. 162,500 shares of the company’s stock traded hands, compared to its average volume of 239,019. AllianceBernstein Global Hgh Incm Fd Inc has a 1 year low of $10.16 and a 1 year high of $11.79.

The firm also recently announced a monthly dividend, which will be paid on Friday, May 17th. Shareholders of record on Friday, May 3rd will be paid a dividend of $0.0655 per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $0.79 annualized dividend and a yield of 6.76%.

In other AllianceBernstein Global Hgh Incm Fd news, Director Marshall C. Turner sold 4,000 shares of AllianceBernstein Global Hgh Incm Fd stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $11.46, for a total transaction of $45,840.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.00% of the company’s stock.

AllianceBernstein Global Hgh Incm Fd Company Profile

AllianceBernstein Global High Income Fund, Inc operates as a closed-end investment fund. Its objective is to seek high current income and secondarily-capital appreciation. It invests, without limit, in securities denominated in non-U.S. currencies as well as those denominated in the U.S. dollar. The company was founded on May 20, 1993 and is headquartered in New York, NY.

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