Alpine Global Premier Properties Fund (NYSE:AWP) Shares Down 1.3%

Alpine Global Premier Properties Fund (NYSE:AWP) shares were down 1.3% on Friday . The company traded as low as $6.10 and last traded at $6.11, approximately 34,787 shares traded hands during mid-day trading. A decline of 88% from the average daily volume of 296,888 shares. The stock had previously closed at $6.19.

The company has a fifty day moving average of $6.28.

The company also recently announced a monthly dividend, which was paid on Tuesday, July 30th. Investors of record on Monday, July 22nd were paid a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 9.76%. The ex-dividend date was Friday, July 19th.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC increased its stake in shares of Alpine Global Premier Properties Fund by 9.0% in the second quarter. Janney Montgomery Scott LLC now owns 61,122 shares of the investment management company’s stock worth $383,000 after buying an additional 5,071 shares during the period. Advisor Group Inc. increased its stake in shares of Alpine Global Premier Properties Fund by 13.6% in the second quarter. Advisor Group Inc. now owns 208,597 shares of the investment management company’s stock worth $1,307,000 after buying an additional 24,905 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Alpine Global Premier Properties Fund by 120.3% in the second quarter. Commonwealth Equity Services LLC now owns 49,246 shares of the investment management company’s stock worth $308,000 after buying an additional 26,897 shares during the period. AE Wealth Management LLC purchased a new position in shares of Alpine Global Premier Properties Fund in the second quarter worth $176,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Alpine Global Premier Properties Fund in the second quarter worth $160,000.

About Alpine Global Premier Properties Fund (NYSE:AWP)

Alpine Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies.

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