Clough Global Opportunities Fund (NYSE:GLO), saw an insider lower his holdings with the company recently. Officer and Trustee Adam D. Crescenzi sold 2,024 shares of common stock at an average price of $12.67 per share through a transaction filed today, July 30th.
Following the completion of this transaction, Crescenzi now has 405.18 shares directly invested in Clough Global Opportunities Fund (NYSE:GLO), the $652.9 million market cap company. The corporation operates as a closed-end management investment company with an investment objective to provide a high level of total return. The Fund seeks to achieve this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities, as well as fixed income securities, including both corporate and sovereign debt while primarily investing in a managed mix of United States and non-United States equity and debt securities.
As it operates as it’s own fund, there currently are no substantial hedge funds with holdings in the company.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.