61,489 Shares in AllianceBernstein Global High Income Fund, Inc. $AWF Bought by Maridea Wealth Management LLC

Maridea Wealth Management LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 61,489 shares of the closed-end fund’s stock, valued at approximately $633,000. Maridea Wealth Management LLC owned about 0.07% of AllianceBernstein Global High Income Fund at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new stake in shares of AllianceBernstein Global High Income Fund during the 1st quarter worth about $25,000. Advisory Services Network LLC bought a new stake in shares of AllianceBernstein Global High Income Fund in the 3rd quarter valued at approximately $47,000. CWM LLC grew its stake in shares of AllianceBernstein Global High Income Fund by 64.3% in the 4th quarter. CWM LLC now owns 4,429 shares of the closed-end fund’s stock valued at $47,000 after buying an additional 1,733 shares in the last quarter. Kestra Private Wealth Services LLC acquired a new position in AllianceBernstein Global High Income Fund in the third quarter worth approximately $113,000. Finally, Dumont & Blake Investment Advisors LLC acquired a new position in AllianceBernstein Global High Income Fund in the fourth quarter worth approximately $152,000.

AllianceBernstein Global High Income Fund Stock Down 0.4%

Shares of AWF opened at $10.13 on Friday. The firm’s 50 day moving average price is $10.16 and its 200 day moving average price is $10.28. AllianceBernstein Global High Income Fund, Inc. has a twelve month low of $9.85 and a twelve month high of $11.43.

AllianceBernstein Global High Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 21st. Stockholders of record on Thursday, August 6th will be paid a dividend of $0.0655 per share. The ex-dividend date is Thursday, August 6th. This represents a c) annualized dividend and a dividend yield of 7.8%.

Insider Buying and Selling at AllianceBernstein Global High Income Fund

In other AllianceBernstein Global High Income Fund news, Director Emilie D. Wrapp purchased 3,432 shares of the business’s stock in a transaction dated Tuesday, July 21st. The shares were acquired at an average price of $10.19 per share, for a total transaction of $34,972.08. Following the acquisition, the director owned 5,825 shares of the company’s stock, valued at $59,356.75. This trade represents a 143.42% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund (NYSE: AWF) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital growth. The fund is traded on the New York Stock Exchange and offers investors access to a diversified portfolio of global fixed-income securities designed to capitalize on opportunities in the high-yield credit market.

The fund primarily invests in a broad array of debt instruments, including corporate high-yield bonds, sovereign and quasi-sovereign debt, collateralized loan obligations, convertible securities, and other income-oriented instruments.