Clough Global Equity Fund (NYSEAMERICAN:GLQ) Plans $0.07 Monthly Dividend

Clough Global Equity Fund (NYSEAMERICAN:GLQ) announced a monthly dividend on Tuesday, July 7th. Shareholders of record on Friday, July 17th will be given a dividend of 0.0729 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 10.3%. The ex-dividend date is Friday, July 17th.

Clough Global Equity Fund Stock Down 1.7%

Shares of NYSEAMERICAN:GLQ traded down $0.15 during trading on Tuesday, hitting $8.53. 45,795 shares of the company were exchanged, compared to its average volume of 76,971. Clough Global Equity Fund has a 12-month low of $7.08 and a 12-month high of $8.75. The firm’s 50 day moving average price is $8.43 and its 200-day moving average price is $8.10.

Institutional Trading of Clough Global Equity Fund

Several institutional investors and hedge funds have recently made changes to their positions in GLQ. SeaCrest Wealth Management LLC boosted its position in shares of Clough Global Equity Fund by 2.7% in the 4th quarter. SeaCrest Wealth Management LLC now owns 49,238 shares of the investment management company’s stock valued at $388,000 after purchasing an additional 1,302 shares during the period. Raymond James Financial Inc. lifted its stake in Clough Global Equity Fund by 2.5% in the third quarter. Raymond James Financial Inc. now owns 73,317 shares of the investment management company’s stock valued at $558,000 after buying an additional 1,784 shares during the last quarter. Bank of America Corp DE lifted its stake in Clough Global Equity Fund by 1.0% in the first quarter. Bank of America Corp DE now owns 317,422 shares of the investment management company’s stock valued at $2,390,000 after buying an additional 3,163 shares during the last quarter. TrueMark Investments LLC boosted its holdings in shares of Clough Global Equity Fund by 2.5% in the fourth quarter. TrueMark Investments LLC now owns 196,753 shares of the investment management company’s stock valued at $1,507,000 after acquiring an additional 4,840 shares during the period. Finally, Shaker Financial Services LLC grew its position in shares of Clough Global Equity Fund by 9.0% during the fourth quarter. Shaker Financial Services LLC now owns 84,141 shares of the investment management company’s stock worth $645,000 after acquiring an additional 6,934 shares during the last quarter.

About Clough Global Equity Fund

Clough Global Equity Fund (NYSE American: GLQ) is a closed-end management investment company that seeks long-term capital appreciation through a diversified portfolio of global equity securities. The fund’s primary objective is to invest in a concentrated selection of companies across both developed and emerging markets, providing U.S. investors with access to international growth opportunities alongside domestic equities. Its shares trade on the NYSE American exchange, offering investors liquidity and the potential benefits of a closed-end structure.

The fund adopts a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.