Alpine Global Dynamic Dividend Fund (NYSE:AGD)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $9.02 and last traded at $9.05, with a volume of 1000 shares. The stock had previously closed at $9.13.

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 28th. Investors of record on Monday, November 19th will be given a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a yield of 8.64%. The ex-dividend date of this dividend is Friday, November 16th.

Large investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. bought a new position in Alpine Global Dynamic Dividend Fund during the third quarter worth about $201,000. Bank of America Corp DE bought a new position in Alpine Global Dynamic Dividend Fund during the second quarter worth about $354,000. Raymond James & Associates bought a new position in Alpine Global Dynamic Dividend Fund during the second quarter worth about $368,000. Wells Fargo & Company MN increased its position in Alpine Global Dynamic Dividend Fund by 32.4% during the third quarter. Wells Fargo & Company MN now owns 80,831 shares of the company’s stock worth $836,000 after acquiring an additional 19,771 shares during the period. Finally, Cornerstone Wealth Management LLC bought a new position in Alpine Global Dynamic Dividend Fund during the second quarter worth about $987,000.

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Alpine Global Dynamic Dividend Fund Company Profile (NYSE:AGD)

Alpine Global Dynamic Dividend Fund is a closed ended equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across all market capitalizations.

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