HL Financial Services LLC increased its position in Alliance World (NYSE:AWF) by 17.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,320 shares of the closed-end fund’s stock after buying an additional 7,450 shares during the quarter. HL Financial Services LLC owned 0.06% of Alliance World worth $644,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers purchased a new position in shares of Alliance World in the second quarter worth $160,000. FCG Advisors LLC purchased a new position in shares of Alliance World in the second quarter worth $198,000. Allegis Investment Advisors LLC increased its stake in shares of Alliance World by 5.7% in the second quarter. Allegis Investment Advisors LLC now owns 17,276 shares of the closed-end fund’s stock worth $224,000 after buying an additional 937 shares during the period. Stifel Financial Corp increased its stake in shares of Alliance World by 71.2% in the second quarter. Stifel Financial Corp now owns 17,833 shares of the closed-end fund’s stock worth $231,000 after buying an additional 7,416 shares during the period. Finally, Citigroup Inc. increased its stake in shares of Alliance World by 22.1% in the second quarter. Citigroup Inc. now owns 18,678 shares of the closed-end fund’s stock worth $242,000 after buying an additional 3,385 shares during the period. 19.01% of the stock is currently owned by institutional investors.
Alliance World (AWF) opened at $12.44 on Tuesday. Alliance World has a one year low of $11.25 and a one year high of $13.12. The company has a market cap of $1,070.00, a price-to-earnings ratio of 15.26 and a beta of 0.34.
The company also recently announced a monthly dividend, which will be paid on Friday, November 17th. Investors of record on Friday, November 3rd will be paid a $0.0699 dividend. This represents a $0.84 annualized dividend and a dividend yield of 6.74%. The ex-dividend date of this dividend is Thursday, November 2nd.
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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.
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