November 16, 2016 - By Dolores Ford · 0 Comments
Clough Global Allocation Fund (NYSEMKT:GLV) institutional sentiment decreased to 0.9 in Q2 2016. Its down -0.10, from 1 in 2016Q1. The ratio dropped, as 18 investment professionals started new and increased equity positions, while 20 trimmed and sold stakes in Clough Global Allocation Fund. The investment professionals in our partner’s database now have: 3.21 million shares, down from 3.31 million shares in 2016Q1. Also, the number of investment professionals holding Clough Global Allocation Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 15 Increased: 11 New Position: 7.
Clough Global Dividend and Income Fund, formerly Clough Global Allocation Fund, is a diversified, closed-end management investment company. The company has a market cap of $119.10 million. The Fund’s investment objective is to provide a high level of total return. It currently has negative earnings. The Fund seeks to pursue this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities, as well as fixed income securities, including both corporate and sovereign debt, in both the United States and non-United States markets.
About 1,030 shares traded hands. Clough Global Dividend and Income Fund (NYSEMKT:GLV) has declined 0.78% since April 14, 2016 and is downtrending. It has underperformed by 5.46% the S&P500.
Jaffetilchin Investment Partners Llc holds 0.69% of its portfolio in Clough Global Dividend and Income Fund for 195,784 shares. Doliver Capital Advisors Inc. owns 66,143 shares or 0.66% of their US portfolio. Moreover, Cornerstone Advisors Inc has 0.36% invested in the company for 123,057 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.33% in the stock. Financial & Investment Management Group Ltd, a Michigan-based fund reported 49,325 shares.#img1#
More notable recent Clough Global Dividend and Income Fund (NYSEMKT:GLV) news were published by: Businesswire.com which released: “Clough Global Dividend and Income Fund Declares a Monthly Cash Distribution of …” on November 07, 2016, also Businesswire.com with their article: “Clough Global Dividend and Income Fund” published on August 31, 2016, Businesswire.com published: “Clough Global Allocation Fund Changes Name to Clough Global Dividend and …” on July 29, 2016. More interesting news about Clough Global Dividend and Income Fund (NYSEMKT:GLV) were released by: Businesswire.com and their article: “Clough Global Equity Fund Announces Fund Distribution Rate Change and Declares …” published on August 08, 2016 as well as Seekingalpha.com‘s news article titled: “Clough Global Opportunities Fund: A Good Or Bad Investment?” with publication date: July 23, 2016.
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By Dolores Ford