Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) Shares Sold by AQR Arbitrage LLC

AQR Arbitrage LLC cut its stake in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 36.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,005 shares of the company’s stock after selling 29,740 shares during the period. AQR Arbitrage LLC’s holdings in Lazard Global Total Return and Income Fund were worth $815,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP bought a new position in shares of Lazard Global Total Return and Income Fund during the fourth quarter worth about $32,000. Wilmington Savings Fund Society FSB bought a new position in Lazard Global Total Return and Income Fund during the 3rd quarter worth approximately $260,000. Shaker Financial Services LLC acquired a new position in shares of Lazard Global Total Return and Income Fund in the 4th quarter worth approximately $498,000. Mezzasalma Advisors LLC bought a new stake in shares of Lazard Global Total Return and Income Fund in the 4th quarter valued at approximately $512,000. Finally, Wolverine Asset Management LLC acquired a new stake in shares of Lazard Global Total Return and Income Fund during the 4th quarter valued at approximately $779,000.

Lazard Global Total Return and Income Fund Stock Up 1.6 %

Lazard Global Total Return and Income Fund stock opened at $15.48 on Friday. Lazard Global Total Return and Income Fund, Inc. has a 12 month low of $13.35 and a 12 month high of $18.23. The company has a fifty day moving average price of $15.23 and a two-hundred day moving average price of $16.15.

Lazard Global Total Return and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 22nd. Investors of record on Monday, May 12th will be given a dividend of $0.1465 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 11.36%. The ex-dividend date of this dividend is Monday, May 12th.

Lazard Global Total Return and Income Fund Profile

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.