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AllianceBernstein Global High Income Fund (NYSE:AWF) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

AllianceBernstein Global High Income Fund logo with Finance background

AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.78 and traded as high as $10.80. AllianceBernstein Global High Income Fund shares last traded at $10.78, with a volume of 153,527 shares changing hands.

AllianceBernstein Global High Income Fund Trading Up 0.4 %

The business's fifty day moving average price is $10.78 and its 200 day moving average price is $10.87.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, January 2nd were given a dividend of $0.0156 per share. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date was Thursday, January 2nd.

Hedge Funds Weigh In On AllianceBernstein Global High Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in AWF. FSA Wealth Management LLC bought a new position in AllianceBernstein Global High Income Fund during the 3rd quarter worth about $30,000. Dynamic Advisor Solutions LLC bought a new position in shares of AllianceBernstein Global High Income Fund during the fourth quarter worth about $107,000. Park Avenue Securities LLC acquired a new stake in AllianceBernstein Global High Income Fund in the 4th quarter valued at approximately $116,000. US Bancorp DE lifted its stake in AllianceBernstein Global High Income Fund by 9.9% in the 3rd quarter. US Bancorp DE now owns 11,127 shares of the closed-end fund's stock valued at $126,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Integris Wealth Management LLC acquired a new position in AllianceBernstein Global High Income Fund during the 3rd quarter worth approximately $136,000.

About AllianceBernstein Global High Income Fund

(Get Free Report)

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.

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