Blue Bell Private Wealth Management LLC Decreases Stock Holdings in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI)

Blue Bell Private Wealth Management LLC trimmed its position in shares of Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 34.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,644 shares of the company’s stock after selling 6,255 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in Lazard Global Total Return and Income Fund were worth $186,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Lazard Global Total Return and Income Fund during the third quarter valued at about $260,000. Mezzasalma Advisors LLC purchased a new stake in shares of Lazard Global Total Return and Income Fund during the fourth quarter valued at about $512,000. Wolverine Asset Management LLC purchased a new stake in shares of Lazard Global Total Return and Income Fund during the fourth quarter valued at about $779,000. Benjamin Edwards Inc. purchased a new stake in shares of Lazard Global Total Return and Income Fund during the third quarter valued at about $1,469,000. Finally, Stifel Financial Corp lifted its position in shares of Lazard Global Total Return and Income Fund by 9.6% during the third quarter. Stifel Financial Corp now owns 83,928 shares of the company’s stock valued at $1,522,000 after buying an additional 7,328 shares during the last quarter.

Lazard Global Total Return and Income Fund Price Performance

LGI stock opened at $16.14 on Friday. The firm has a 50-day simple moving average of $16.42 and a two-hundred day simple moving average of $16.84. Lazard Global Total Return and Income Fund, Inc. has a one year low of $14.84 and a one year high of $18.23.

Lazard Global Total Return and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be given a $0.1465 dividend. This represents a $1.76 annualized dividend and a dividend yield of 10.89%. The ex-dividend date of this dividend is Monday, March 10th.

About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.