Delaware Enhanced Global (DEX) Major Shareholder Buys $264,671.99 in Stock

Delaware Enhanced Global (NYSE:DEX) major shareholder Saba Capital Management, L.P. bought 22,487 shares of the company’s stock in a transaction dated Monday, April 9th. The stock was purchased at an average price of $11.77 per share, with a total value of $264,671.99. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Wednesday, April 4th, Saba Capital Management, L.P. bought 36,436 shares of Delaware Enhanced Global stock. The stock was purchased at an average price of $11.54 per share, with a total value of $420,471.44.

Shares of NYSE:DEX opened at $11.93 on Thursday. Delaware Enhanced Global has a 12 month low of $10.71 and a 12 month high of $12.70.



The company also recently announced a monthly dividend, which was paid on Thursday, March 29th. Stockholders of record on Friday, March 16th were given a $0.1098 dividend. The ex-dividend date was Thursday, March 15th. This is a boost from Delaware Enhanced Global’s previous monthly dividend of $0.05. This represents a $1.32 annualized dividend and a dividend yield of 11.04%.

Large investors have recently modified their holdings of the company. Towerpoint Wealth LLC acquired a new position in shares of Delaware Enhanced Global in the 4th quarter valued at approximately $143,000. Bulldog Investors LLC raised its position in shares of Delaware Enhanced Global by 32.4% in the 4th quarter. Bulldog Investors LLC now owns 836,428 shares of the company’s stock valued at $10,146,000 after buying an additional 204,875 shares in the last quarter. Finally, Sit Investment Associates Inc. raised its position in shares of Delaware Enhanced Global by 11.6% in the 4th quarter. Sit Investment Associates Inc. now owns 994,608 shares of the company’s stock valued at $12,065,000 after buying an additional 103,319 shares in the last quarter.

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About Delaware Enhanced Global

Delaware Enhanced Global Dividend and Income Fund is a diversified closed-end management investment fund. Its primary investment objective is to seek current income. Its secondary objective is capital appreciation. It invests in dividend-paying or income-generating securities across multiple asset classes, including equity securities of large companies, securities issued by real estate companies (real estate investment trusts and real estate industry operating companies), debt securities (such as government bonds, investment grade and high risk, high yield corporate bonds and convertible bonds) and emerging market securities.

Insider Buying and Selling by Quarter for Delaware Enhanced Global (NYSE:DEX)

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