Alpine Total Dynamic Dividend Fund (AOD) : Nine Masts Capital Ltd added new position in Alpine Total Dynamic Dividend Fund during the most recent quarter end. The investment management firm now holds 50,370 shares of Alpine Total Dynamic Dividend Fund which is valued at $383,819 , the company said in a statement filed on Aug 9, 2016 with the SEC.Alpine Total Dynamic Dividend Fund makes up approximately 0.13% of Nine Masts Capital Ltd’s portfolio.
Other Hedge Funds, Including , Janney Montgomery Scott added AOD to its portfolio by purchasing 11,865 company shares during the most recent quarter which is valued at $90,293. Jnba Financial Advisors sold out all of its stake in AOD during the most recent quarter. The investment firm sold 6,400 shares of AOD which is valued $48,192.Punch Associates Investment Management boosted its stake in AOD in the latest quarter, The investment management firm added 6,474 additional shares and now holds a total of 257,781 shares of Alpine Total Dynamic Dividend Fund which is valued at $1,951,402. Alpine Total Dynamic Dividend Fund makes up approx 0.22% of Punch Associates Investment Management’s portfolio.
Alpine Total Dynamic Dividend Fund opened for trading at $7.79 and hit $7.84 on the upside on Wednesday, eventually ending the session at $7.84, with a gain of 0.26% or 0.02 points. The heightened volatility saw the trading volume jump to 2,90,441 shares. Company has a market cap of $810 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.