Shares of Clough Global Equity Fund (NYSEAMERICAN:GLQ – Get Rating) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.00 and traded as high as $6.01. Clough Global Equity Fund shares last traded at $5.97, with a volume of 54,369 shares.

Clough Global Equity Fund Stock Down 0.2 %

Clough Global Equity Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, April 28th. Investors of record on Friday, April 21st will be issued a $0.0599 dividend. This represents a dividend yield of 11.92%. The ex-dividend date is Thursday, April 20th.

Insiders Place Their Bets

In other Clough Global Equity Fund news, insider Clough Capital Partners, L.P. purchased 14,951 shares of the company's stock in a transaction that occurred on Wednesday, February 8th. The shares were purchased at an average cost of $6.25 per share, with a total value of $93,443.75. Following the completion of the transaction, the insider now owns 56,150 shares of the company's stock, valued at $350,937.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. UBS Group AG increased its stake in shares of Clough Global Equity Fund by 3.8% in the second quarter. UBS Group AG now owns 28,377 shares of the investment management company's stock worth $259,000 after purchasing an additional 1,043 shares during the period. SeaCrest Wealth Management LLC raised its stake in shares of Clough Global Equity Fund by 4.2% in the third quarter. SeaCrest Wealth Management LLC now owns 52,038 shares of the investment management company's stock valued at $358,000 after purchasing an additional 2,092 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Clough Global Equity Fund by 9.0% during the 2nd quarter. NewEdge Advisors LLC now owns 42,502 shares of the investment management company's stock worth $388,000 after acquiring an additional 3,500 shares during the period. Wolverine Asset Management LLC bought a new position in Clough Global Equity Fund during the third quarter worth about $27,000. Finally, Aviance Capital Partners LLC lifted its position in shares of Clough Global Equity Fund by 2.8% during the 3rd quarter. Aviance Capital Partners LLC now owns 159,162 shares of the investment management company's stock worth $1,093,000 after buying an additional 4,348 shares during the period.

Clough Global Equity Fund Company Profile

(Get Rating)

Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company's competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation.

Featured Articles

• Get a free copy of the StockNews.com research report on Clough Global Equity Fund (GLQ)
• Medtronic: Reversal In-Play For This High-Yield Stock
• Is it 'Game Over' for Roblox After Reporting March Metrics Miss?
• Is it Time to Take Profits in Chip Stocks?
• Will Stratasys Continue to be a Runaway Bride?
• Garrett Motion Inc. Skids on Results: Is it Time to Buy the Dip?

Receive News & Ratings for Clough Global Equity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clough Global Equity Fund and related companies with MarketBeat.com's FREE daily email newsletter.