Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) Stock Holdings Lifted by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its holdings in Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) by 5.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 56,251 shares of the consumer goods maker’s stock after buying an additional 2,800 shares during the quarter. DAVENPORT & Co LLC’s holdings in Allianzgi Diversified Incm and Cnvrtb Fd were worth $1,297,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Wells Fargo & Company MN lifted its position in shares of Allianzgi Diversified Incm and Cnvrtb Fd by 15.1% in the 1st quarter. Wells Fargo & Company MN now owns 264,773 shares of the consumer goods maker’s stock worth $4,763,000 after buying an additional 34,732 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Allianzgi Diversified Incm and Cnvrtb Fd by 3.2% in the 4th quarter. Bank of America Corp DE now owns 204,996 shares of the consumer goods maker’s stock worth $5,043,000 after buying an additional 6,452 shares during the last quarter. Cohen & Steers Inc. lifted its position in shares of Allianzgi Diversified Incm and Cnvrtb Fd by 69.9% in the 1st quarter. Cohen & Steers Inc. now owns 138,431 shares of the consumer goods maker’s stock worth $2,490,000 after buying an additional 56,963 shares during the last quarter. Raymond James & Associates lifted its position in shares of Allianzgi Diversified Incm and Cnvrtb Fd by 16.5% in the 2nd quarter. Raymond James & Associates now owns 129,712 shares of the consumer goods maker’s stock worth $2,990,000 after buying an additional 18,394 shares during the last quarter. Finally, Matisse Capital bought a new position in shares of Allianzgi Diversified Incm and Cnvrtb Fd in the 1st quarter worth about $1,567,000.

Allianzgi Diversified Incm and Cnvrtb Fd stock opened at $25.42 on Friday. The firm’s 50-day moving average is $23.85 and its 200-day moving average is $22.40. Allianzgi Diversified Incm and Cnvrtb Fd has a 1 year low of $11.51 and a 1 year high of $26.66.

The firm also recently declared a monthly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Monday, July 13th will be given a $0.167 dividend. The ex-dividend date is Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.88%.

Allianzgi Diversified Incm and Cnvrtb Fd Profile

AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity and fixed income markets. The fund primarily invests in diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities.

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Institutional Ownership by Quarter for Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV)

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