Clough Global Equity Fund: Bank Of America Corp Opened Position

February 14, 2018 - By Vivian Currie

 Clough Global Equity Fund: Bank Of America Corp  Opened Position

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.23, from 0.91 in 2017Q2. It increased, as 5 investors sold Clough Global Equity Fund shares while 9 reduced holdings. 7 funds opened positions while 9 raised stakes. 8.71 million shares or 1.08% less from 8.81 million shares in 2017Q2 were reported.

Aviance Capital Limited Liability Company accumulated 0.2% or 44,166 shares. Citigroup holds 0% of its portfolio in Clough Global Equity Fund (NYSEAMERICAN:GLQ) for 28,900 shares. Yakira Cap Incorporated has invested 0.22% in Clough Global Equity Fund (NYSEAMERICAN:GLQ). Moreover, Wolverine Asset has 0.01% invested in Clough Global Equity Fund (NYSEAMERICAN:GLQ) for 43,856 shares. Royal State Bank Of Canada invested 0% of its portfolio in Clough Global Equity Fund (NYSEAMERICAN:GLQ). New York-based Virtu Financial Lc has invested 0% in Clough Global Equity Fund (NYSEAMERICAN:GLQ). Laurion Capital Mngmt Limited Partnership holds 0% or 62,945 shares in its portfolio. Advisors Asset Mgmt stated it has 183,175 shares or 0.04% of all its holdings. Css Llc Il reported 0.04% stake. Bulldog Invsts Ltd Liability Corp accumulated 610,898 shares or 2.35% of the stock. Wells Fargo Company Mn reported 75,154 shares. 2.55M were accumulated by Saba Cap Management Limited Partnership. Sit Associate Incorporated holds 0.37% or 1.13 million shares. Raymond James Fincl Advsr stated it has 20,291 shares. Invesco stated it has 0% in Clough Global Equity Fund (NYSEAMERICAN:GLQ).

The New Bank Of America Corp Holding in Clough Global Equity Fund

Bank Of America Corp reported SC 13G/A form with the SEC for Clough Global Equity Fund. Access it here: 000114036118007120. As reported by Bank Of America Corp , the filler owns 7.15% or 788,065 shares of the Finance–company.

Clough Global Equity Fund stake is new for [reportingPerson]. Date of activity: December29,2017. This shows Bank Of America Corp ’s positive view for Clough Global Equity Fund.

Clough Global Equity Fund Institutional Sentiment

Filings show 34 investors own Clough Global Equity Fund. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 10688. 6613298 were owned by these investors. 8 funds opened new Clough Global Equity Fund stakes, 11 increased positions. There were 4 that closed positions and 12 reduced them.

Rivernorth Capital Management Llc is an investor bullish on Clough Global Equity Fund, owning 1023165 shares as of Q3 2015 for 0.80% of its portfolio. Aviance Capital Partners Llc owns 131733 shares or 0.68% of its portfolio. MN Punch & Associates Investment Management Inc have 0.62% of its portfolio for 356700 shares. Further, Bulldog Investors Llc reported stake worth 6.13% of its portfolio. The TX Oxbow Advisors Llc owns 22154 shares. Clough Global Equity Fund is 0.06% of its portfolio.

Business Profile

Clough Global Equity Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. It will invest approximately 80% in equity and equity-related securities in the United States and non-United States markets, and the remainder in fixed income securities, including both corporate and sovereign debt, in both the United States and non-United States markets. It intends to invest primarily in a managed mix of global equity securities. Its investments in non-United States markets will be made primarily through liquid securities, including depositary receipts and exchange traded funds. The Fund may invest a portion of its assets in foreign securities. It focuses on investing in a range of sectors, including consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services. Its investment advisor is Clough Capital Partners L.P.

SEC Form 13G.

The stock increased 1.00% or $0.13 during the last trading session, reaching $13.15. About 51,757 shares traded. Clough Global Equity Fund (NYSEAMERICAN:GLQ) has risen 18.16% since February 14, 2017 and is uptrending. It has outperformed by 1.46% the S&P500.

More notable recent Clough Global Equity Fund (NYSEAMERICAN:GLQ) news were published by: Businesswire.com which released: “Clough Closed-End Funds Announce Expiration and Preliminary Results of Tender …” on November 13, 2017, also Businesswire.com with their article: “Clough Global Equity Fund Declares a Monthly Cash Distribution of $0.1270 Per …” published on February 09, 2018, Businesswire.com published: “Clough Closed-End Funds Commence Tender Offer” on October 13, 2017. More interesting news about Clough Global Equity Fund (NYSEAMERICAN:GLQ) were released by: Businesswire.com and their article: “Clough Global Equity Fund Declares a Monthly Cash Distribution of $0.1213 Per …” published on January 12, 2018 as well as Businesswire.com‘s news article titled: “Clough Global Equity Fund Declares a Monthly Cash Distribution of $0.1223 Per …” with publication date: December 08, 2017.

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