Why Bank Of America Corp Reported Clough Global Equity Fund Position?

February 14, 2018 - By Ivan Hodges

 Why Bank Of America Corp  Reported Clough Global Equity Fund Position?

Investors sentiment increased to 1.14 in Q3 2017. 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.

Raymond James Fincl holds 0% or 20,291 shares. Laurion Capital Mgmt L P accumulated 0% or 62,945 shares. Citigroup Inc invested in 0% or 28,900 shares. Georgia-based Invesco has invested 0% in Clough Global Equity Fund (NYSEAMERICAN:GLQ). Aviance Capital Prtnrs Ltd Liability Corp invested 0.2% of its portfolio in Clough Global Equity Fund (NYSEAMERICAN:GLQ). Raymond James Na accumulated 22,000 shares or 0.02% of the stock. Atlantic Trust Gru Ltd Co holds 0% or 26,500 shares. Commercial Bank Of America De reported 0% in Clough Global Equity Fund (NYSEAMERICAN:GLQ). Raymond James And invested in 0% or 63,008 shares. Morgan Stanley has 0% invested in Clough Global Equity Fund (NYSEAMERICAN:GLQ) for 251,279 shares. Wolverine Asset Management Lc accumulated 43,856 shares or 0.01% of the stock. Saba Cap Management Lp holds 2.55 million shares. Css Llc Il invested 0.04% of its portfolio in Clough Global Equity Fund (NYSEAMERICAN:GLQ). Guggenheim Ltd Liability Corporation reported 0.01% stake. The Ontario – Canada-based Royal Bank Of Canada has invested 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 Global Equity Fund Declares a Monthly Cash Distribution of $0.1223 Per …” on December 08, 2017, also Businesswire.com with their article: “Clough Closed-End Funds Announce Expiration and Preliminary Results of Tender …” published on November 13, 2017, 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: “CORRECTING and REPLACING Clough Closed-End Funds Announces Final Results of …” published on November 15, 2017 as well as Businesswire.com‘s news article titled: “Clough Global Equity Fund Declares a Monthly Cash Distribution of $0.1213 Per …” with publication date: January 12, 2018.

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