Advent/Claymore Enhanced Growth & Income (LCM) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. raised its holdings in shares of Advent/Claymore Enhanced Growth & Income (NYSE:LCM) by 9.2% in the second quarter, Holdings Channel reports. The institutional investor owned 917,245 shares of the investment management company’s stock after buying an additional 77,542 shares during the quarter. Advisors Asset Management Inc. owned 0.07% of Advent/Claymore Enhanced Growth & Income worth $7,109,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Sit Investment Associates Inc. lifted its holdings in shares of Advent/Claymore Enhanced Growth & Income by 38.3% during the second quarter. Sit Investment Associates Inc. now owns 108,360 shares of the investment management company’s stock worth $839,000 after buying an additional 30,000 shares during the last quarter.

Shares of LCM stock opened at $7.74 on Friday. Advent/Claymore Enhanced Growth & Income has a 12 month low of $7.65 and a 12 month high of $8.77.

About Advent/Claymore Enhanced Growth & Income

Advent/Claymore Enhanced Growth & Income Fund is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income and current gains from trading in securities, with a secondary objective of long-term capital appreciation. Under normal market conditions, the Fund invests approximately 40% of its managed assets in a diversified portfolio of equity securities and convertible securities of the United States and non-United States issuers, and may invest up to 60% of its managed assets in non-convertible high-yield securities.

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Institutional Ownership by Quarter for Advent/Claymore Enhanced Growth & Income (NYSE:LCM)

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