DE ENHANCED GLB/COM (DEX) Hits New 52-Week Low at $9.22

DE ENHANCED GLB/COM (NYSE:DEX) reached a new 52-week low during trading on Thursday . The stock traded as low as $9.22 and last traded at $9.24, with a volume of 2392 shares. The stock had previously closed at $9.43.

The firm also recently announced a monthly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 14th will be paid a dividend of $0.094 per share. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $1.13 annualized dividend and a yield of 12.30%.

In related news, major shareholder Saba Capital Management, L.P. sold 215,735 shares of the firm’s stock in a transaction that occurred on Monday, October 29th. The stock was sold at an average price of $9.80, for a total transaction of $2,114,203.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 283,722 shares of company stock valued at $2,831,955 in the last ninety days.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GWM Advisors LLC acquired a new stake in DE ENHANCED GLB/COM during the third quarter worth approximately $117,000. Stephens Inc. AR acquired a new stake in DE ENHANCED GLB/COM in the second quarter valued at approximately $173,000. LPL Financial LLC grew its stake in DE ENHANCED GLB/COM by 81.1% in the third quarter. LPL Financial LLC now owns 82,781 shares of the company’s stock valued at $927,000 after acquiring an additional 37,072 shares during the period. Morgan Stanley grew its stake in DE ENHANCED GLB/COM by 17.9% in the third quarter. Morgan Stanley now owns 174,955 shares of the company’s stock valued at $1,959,000 after acquiring an additional 26,570 shares during the period. Finally, Rivernorth Capital Management LLC grew its stake in DE ENHANCED GLB/COM by 27.0% in the third quarter. Rivernorth Capital Management LLC now owns 2,012,779 shares of the company’s stock valued at $22,543,000 after acquiring an additional 427,918 shares during the period.

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DE ENHANCED GLB/COM Company Profile (NYSE:DEX)

Delaware Enhanced Global Dividend and Income Fund is a closed ended balanced mutual fund launched by Delaware Management Holdings, Inc The fund is managed by Delaware Management Business Trust. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.

See Also: Outstanding Shares, Buying and Selling Stocks

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