Clough Global Opportunities Fund (NYSEAMERICAN:GLO) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.00 and traded as high as $10.12. Clough Global Opportunities Fund shares last traded at $10.10, with a volume of 8,103 shares traded.

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be given a $0.0897 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 10.66%. The ex-dividend date is Thursday, March 19th.

Several hedge funds and other institutional investors have recently modified their holdings of GLO. PNC Financial Services Group Inc. grew its position in Clough Global Opportunities Fund by 1,798.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,639 shares of the investment management company’s stock valued at $25,000 after acquiring an additional 2,500 shares during the last quarter. Mirador Capital Partners LP bought a new position in Clough Global Opportunities Fund in the fourth quarter valued at about $100,000. Brinker Capital Inc. grew its position in Clough Global Opportunities Fund by 9.5% in the third quarter. Brinker Capital Inc. now owns 12,973 shares of the investment management company’s stock valued at $119,000 after acquiring an additional 1,129 shares during the last quarter. First Allied Advisory Services Inc. bought a new position in Clough Global Opportunities Fund in the fourth quarter valued at about $123,000. Finally, Cambridge Investment Research Advisors Inc. grew its position in Clough Global Opportunities Fund by 20.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 13,474 shares of the investment management company’s stock valued at $127,000 after acquiring an additional 2,308 shares during the last quarter.

Clough Global Opportunities Fund Company Profile (NYSEAMERICAN:GLO)

Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.

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