Alpine Total Dynamic Dividend Fund (AOD) : Thomas J. Herzfeld Advisors reduced its stake in Alpine Total Dynamic Dividend Fund by 5.58% during the most recent quarter end. The investment management company now holds a total of 698,881 shares of Alpine Total Dynamic Dividend Fund which is valued at $5.2 Million after selling 41,324 shares in Alpine Total Dynamic Dividend Fund , the firm said in a disclosure report filed with the SEC on May 13, 2016.Alpine Total Dynamic Dividend Fund makes up approximately 2.69% of Thomas J. Herzfeld Advisors’s portfolio.
Other Hedge Funds, Including , Bulldog Investors sold out all of its stake in AOD during the most recent quarter. The investment firm sold 13,750 shares of AOD which is valued $101,475.Landscape Capital Management L.l.c. boosted its stake in AOD in the latest quarter, The investment management firm added 6,230 additional shares and now holds a total of 352,635 shares of Alpine Total Dynamic Dividend Fund which is valued at $2.6 Million. Alpine Total Dynamic Dividend Fund makes up approx 0.32% of Landscape Capital Management L.l.c.’s portfolio.Rmb Capital Management reduced its stake in AOD by selling 396,786 shares or 84.8% in the most recent quarter. The Hedge Fund company now holds 71,101 shares of AOD which is valued at $524,725. Alpine Total Dynamic Dividend Fund makes up approx 0.04% of Rmb Capital Management’s portfolio.
Alpine Total Dynamic Dividend Fund opened for trading at $7.46 and hit $7.48 on the upside on Wednesday, eventually ending the session at $7.47, with a gain of 0.67% or 0.05 points. The heightened volatility saw the trading volume jump to 3,89,073 shares. Company has a market cap of $772 M.
Alpine Total Dynamic Dividend Fund (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to seek high current dividend income. The Fund also focuses on long-term growth of capital as a secondary investment objective. The Fund invests in equity-linked structured notes. It also invests in equity-linked securities and various other derivative instruments. It invests in sectors such as financials industrials health care information technology consumer staples energy consumer discretionary materials utilities and telecommunication services among others. It invests in countries which include the United States the United Kingdom Switzerland France and Canada. Alpine Woods Capital Investors LLC serves as the Fund’s investment adviser.