AllianceBernstein Global Hgh Incm Fd (NYSE:AWF) Stock Passes Above 200 Day Moving Average of $0.00

AllianceBernstein Global Hgh Incm Fd Inc (NYSE:AWF)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $11.74. AllianceBernstein Global Hgh Incm Fd shares last traded at $11.68, with a volume of 3,471 shares changing hands.

The stock’s 50 day simple moving average is $11.66.

The company also recently announced a monthly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were paid a $0.0655 dividend. The ex-dividend date was Thursday, June 6th. This represents a $0.79 dividend on an annualized basis and a yield of 6.67%.

A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in AllianceBernstein Global Hgh Incm Fd by 13.8% in the 4th quarter. Bank of America Corp DE now owns 1,303,279 shares of the closed-end fund’s stock valued at $13,724,000 after buying an additional 158,150 shares during the last quarter. 1607 Capital Partners LLC acquired a new position in AllianceBernstein Global Hgh Incm Fd in the 4th quarter valued at $8,628,000. Bank of Montreal Can grew its stake in AllianceBernstein Global Hgh Incm Fd by 54.0% in the 1st quarter. Bank of Montreal Can now owns 422,000 shares of the closed-end fund’s stock valued at $4,891,000 after buying an additional 148,000 shares during the last quarter. Pennsylvania Trust Co acquired a new position in AllianceBernstein Global Hgh Incm Fd in the 1st quarter valued at $39,636,000. Finally, Uncommon Cents Investing LLC grew its stake in AllianceBernstein Global Hgh Incm Fd by 7.3% in the 1st quarter. Uncommon Cents Investing LLC now owns 193,160 shares of the closed-end fund’s stock valued at $2,239,000 after buying an additional 13,195 shares during the last quarter. Institutional investors and hedge funds own 22.18% of the company’s stock.

About AllianceBernstein Global Hgh Incm Fd (NYSE:AWF)

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.

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