Advent Claymore Convertible Sec & Inc Fd (AVK) CEO Acquires $188,520.00 in Stock
Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) CEO Tracy V. Maitland purchased 12,000 shares of the firm’s stock in a transaction that occurred on Monday, September 10th. The stock was bought at an average price of $15.71 per share, with a total value of $188,520.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link.
NYSE:AVK opened at $15.74 on Friday. Advent Claymore Convertible Sec & Inc Fd has a 1-year low of $14.62 and a 1-year high of $16.50.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be given a dividend of $0.1172 per share. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $1.41 dividend on an annualized basis and a yield of 8.94%.
Advent Claymore Convertible Sec & Inc Fd Company Profile
Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors.
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