Sheaff Brock Investment Advisors LLC Takes $334,000 Position in ALLIANCE WORLD (AWF)

Sheaff Brock Investment Advisors LLC purchased a new stake in shares of ALLIANCE WORLD (NYSE:AWF) in the second quarter, according to its most recent filing with the SEC. The firm purchased 25,784 shares of the closed-end fund’s stock, valued at approximately $334,000.

Several other hedge funds also recently bought and sold shares of the company. SignalPoint Asset Management LLC lifted its position in shares of ALLIANCE WORLD by 0.7% during the 2nd quarter. SignalPoint Asset Management LLC now owns 40,164 shares of the closed-end fund’s stock valued at $519,000 after acquiring an additional 278 shares during the period. Allegis Investment Advisors LLC lifted its position in shares of ALLIANCE WORLD by 5.7% during the 2nd quarter. Allegis Investment Advisors LLC now owns 17,276 shares of the closed-end fund’s stock valued at $224,000 after acquiring an additional 937 shares during the period. National Planning Corp lifted its position in shares of ALLIANCE WORLD by 3.4% during the 2nd quarter. National Planning Corp now owns 35,654 shares of the closed-end fund’s stock valued at $461,000 after acquiring an additional 1,187 shares during the period. Flagship Harbor Advisors LLC lifted its position in shares of ALLIANCE WORLD by 2.0% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 125,107 shares of the closed-end fund’s stock valued at $1,605,000 after acquiring an additional 2,460 shares during the period. Finally, Wedbush Securities Inc. lifted its position in shares of ALLIANCE WORLD by 9.5% during the 2nd quarter. Wedbush Securities Inc. now owns 101,555 shares of the closed-end fund’s stock valued at $1,314,000 after acquiring an additional 8,783 shares during the period. Institutional investors own 19.05% of the company’s stock.

Shares of ALLIANCE WORLD (NYSE AWF) opened at 12.90 on Monday. ALLIANCE WORLD has a 52-week low of $11.25 and a 52-week high of $13.12. The stock’s 50 day moving average is $12.95 and its 200-day moving average is $12.79.

The business also recently declared a monthly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 8th will be paid a $0.0699 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.50%. The ex-dividend date is Thursday, September 7th. ALLIANCE WORLD’s dividend payout ratio is currently 40.37%.

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ALLIANCE WORLD Profile

AllianceBernstein Global High Income Fund, Inc is a diversified, closed-end management investment company. The Fund seeks high current income, and secondarily, capital appreciation. The Fund invests without limit in securities denominated in non-united States currencies, as well as those denominated in the US dollar.

Institutional Ownership by Quarter for ALLIANCE WORLD (NYSE:AWF)

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