Macquarie Global Infr Total Rtrn Fnd Inc (NYSE:MGU) Stock Position Lowered by RMB Capital Management LLC

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RMB Capital Management LLC lessened its position in Macquarie Global Infr Total Rtrn Fnd Inc (NYSE:MGU) by 78.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,814 shares of the investment management company’s stock after selling 63,580 shares during the period. RMB Capital Management LLC’s holdings in Macquarie Global Infr Total Rtrn Fnd were worth $421,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of MGU. Raymond James Financial Services Advisors Inc. raised its position in shares of Macquarie Global Infr Total Rtrn Fnd by 39.7% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 20,037 shares of the investment management company’s stock worth $445,000 after purchasing an additional 5,689 shares during the period. Raymond James & Associates raised its position in shares of Macquarie Global Infr Total Rtrn Fnd by 12.5% during the first quarter. Raymond James & Associates now owns 223,590 shares of the investment management company’s stock worth $4,961,000 after purchasing an additional 24,804 shares during the period. Thomas J. Herzfeld Advisors Inc. raised its position in shares of Macquarie Global Infr Total Rtrn Fnd by 39.2% during the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 7,082 shares of the investment management company’s stock worth $157,000 after purchasing an additional 1,996 shares during the period. First Trust Advisors LP raised its position in shares of Macquarie Global Infr Total Rtrn Fnd by 3.0% during the first quarter. First Trust Advisors LP now owns 140,601 shares of the investment management company’s stock worth $3,120,000 after purchasing an additional 4,117 shares during the period. Finally, 6 Meridian raised its position in shares of Macquarie Global Infr Total Rtrn Fnd by 2.8% during the second quarter. 6 Meridian now owns 20,219 shares of the investment management company’s stock worth $478,000 after purchasing an additional 553 shares during the period.

Shares of Macquarie Global Infr Total Rtrn Fnd stock traded up $0.10 on Thursday, reaching $24.22. 200 shares of the company were exchanged, compared to its average volume of 35,037. The stock has a fifty day moving average price of $23.24 and a 200-day moving average price of $22.92. Macquarie Global Infr Total Rtrn Fnd Inc has a fifty-two week low of $17.57 and a fifty-two week high of $24.50.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Monday, September 23rd will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.94%. The ex-dividend date of this dividend is Friday, September 20th.

About Macquarie Global Infr Total Rtrn Fnd

Macquarie Global Infrastructure Total Return Fund Inc is a closed-ended equity mutual fund launched and managed by Macquarie Fund Adviser, LLC. The fund invests in the public equity markets across the globe. It typically invests in companies operating in the infrastructure sector. Macquarie Global Infrastructure Total Return Fund Inc was formed on August 26, 2005 and is domiciled in the United States.

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Institutional Ownership by Quarter for Macquarie Global Infr Total Rtrn Fnd (NYSE:MGU)

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