48,724 Shares in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC bought a new position in shares of Lazard Global Total Return and Income Fund, Inc. (NYSE:LGIFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 48,724 shares of the company’s stock, valued at approximately $779,000.

A number of other large investors have also recently made changes to their positions in LGI. Mezzasalma Advisors LLC purchased a new position in Lazard Global Total Return and Income Fund in the fourth quarter valued at approximately $512,000. Wilmington Savings Fund Society FSB acquired a new stake in Lazard Global Total Return and Income Fund in the third quarter valued at $260,000. Stifel Financial Corp lifted its holdings in Lazard Global Total Return and Income Fund by 9.6% in the third quarter. Stifel Financial Corp now owns 83,928 shares of the company’s stock valued at $1,522,000 after acquiring an additional 7,328 shares during the period. Finally, Benjamin Edwards Inc. acquired a new stake in Lazard Global Total Return and Income Fund in the third quarter valued at $1,469,000.

Lazard Global Total Return and Income Fund Stock Performance

Shares of LGI stock opened at $16.93 on Friday. Lazard Global Total Return and Income Fund, Inc. has a fifty-two week low of $14.84 and a fifty-two week high of $18.23. The business has a fifty day simple moving average of $16.38 and a 200-day simple moving average of $16.84.

Lazard Global Total Return and Income Fund Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 21st. Investors of record on Monday, February 10th were paid a $0.1465 dividend. This represents a $1.76 annualized dividend and a yield of 10.38%. The ex-dividend date was Monday, February 10th.

About Lazard Global Total Return and Income Fund

(Free Report)

Lazard Global Total Return and Income Fund, Inc is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.

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Institutional Ownership by Quarter for Lazard Global Total Return and Income Fund (NYSE:LGI)

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