242,520 Shares in AllianceBernstein Global Hgh Incm Fd Inc (NYSE:AWF) Bought by Advisor Group Holdings Inc.

Advisor Group Holdings Inc. bought a new position in shares of AllianceBernstein Global Hgh Incm Fd Inc (NYSE:AWF) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 242,520 shares of the closed-end fund’s stock, valued at approximately $2,245,000. Advisor Group Holdings Inc. owned about 0.28% of AllianceBernstein Global Hgh Incm Fd at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Morgan Stanley boosted its holdings in AllianceBernstein Global Hgh Incm Fd by 9.0% during the first quarter. Morgan Stanley now owns 2,824,214 shares of the closed-end fund’s stock worth $26,152,000 after purchasing an additional 233,708 shares during the last quarter. Invesco Ltd. lifted its stake in AllianceBernstein Global Hgh Incm Fd by 8.0% in the first quarter. Invesco Ltd. now owns 1,366,538 shares of the closed-end fund’s stock valued at $12,654,000 after acquiring an additional 100,873 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in AllianceBernstein Global Hgh Incm Fd by 279.7% in the first quarter. Parametric Portfolio Associates LLC now owns 1,119,574 shares of the closed-end fund’s stock valued at $10,367,000 after acquiring an additional 824,700 shares during the last quarter. Bank of America Corp DE lifted its stake in AllianceBernstein Global Hgh Incm Fd by 71.6% in the fourth quarter. Bank of America Corp DE now owns 1,046,680 shares of the closed-end fund’s stock valued at $12,696,000 after acquiring an additional 436,793 shares during the last quarter. Finally, Penserra Capital Management LLC acquired a new stake in AllianceBernstein Global Hgh Incm Fd in the fourth quarter valued at $5,000,000. Institutional investors and hedge funds own 21.30% of the company’s stock.

Shares of AWF stock opened at $10.10 on Wednesday. The company has a fifty day moving average price of $10.07 and a two-hundred day moving average price of $10.82. AllianceBernstein Global Hgh Incm Fd Inc has a one year low of $7.28 and a one year high of $12.55.

The company also recently declared a monthly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, June 5th were paid a $0.0655 dividend. This represents a $0.79 dividend on an annualized basis and a yield of 7.78%. The ex-dividend date of this dividend was Thursday, June 4th.

AllianceBernstein Global Hgh Incm Fd Profile

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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Institutional Ownership by Quarter for AllianceBernstein Global Hgh Incm Fd (NYSE:AWF)

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