Wolverine Asset Management LLC Purchases 7,662 Shares of Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI)

Wolverine Asset Management LLC increased its stake in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 125,643 shares of the company’s stock after purchasing an additional 7,662 shares during the quarter. Wolverine Asset Management LLC’s holdings in Lazard Global Total Return and Income Fund were worth $1,925,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Shaker Financial Services LLC increased its stake in Lazard Global Total Return and Income Fund by 69.6% in the 3rd quarter. Shaker Financial Services LLC now owns 30,640 shares of the company’s stock worth $424,000 after buying an additional 12,578 shares in the last quarter. RPO LLC increased its stake in Lazard Global Total Return and Income Fund by 22.2% in the 3rd quarter. RPO LLC now owns 86,209 shares of the company’s stock worth $1,193,000 after buying an additional 15,648 shares in the last quarter. Landscape Capital Management L.L.C. increased its stake in Lazard Global Total Return and Income Fund by 5.6% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 14,932 shares of the company’s stock worth $207,000 after buying an additional 794 shares in the last quarter. Cornerstone Advisors LLC increased its stake in Lazard Global Total Return and Income Fund by 128.2% in the 3rd quarter. Cornerstone Advisors LLC now owns 161,862 shares of the company’s stock worth $2,240,000 after buying an additional 90,936 shares in the last quarter. Finally, Quantedge Capital Pte Ltd purchased a new stake in Lazard Global Total Return and Income Fund in the 3rd quarter worth $151,000.

Lazard Global Total Return and Income Fund Stock Performance

Shares of Lazard Global Total Return and Income Fund stock opened at $15.37 on Thursday. The business has a 50-day moving average price of $15.83 and a 200-day moving average price of $15.01. Lazard Global Total Return and Income Fund, Inc. has a twelve month low of $12.65 and a twelve month high of $16.68.

Lazard Global Total Return and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Monday, May 13th will be given a dividend of $0.1046 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 8.17%.

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.