Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC) insider Advent Capital Management /De/ sold 75,000 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock in a transaction on Friday, August 11th. The shares were sold at an average price of $6.10, for a total value of $457,500.00. Following the sale, the insider now directly owns 504,000 shares of the company’s stock, valued at approximately $3,074,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC) traded up 0.65% during midday trading on Monday, reaching $6.16. The company had a trading volume of 147,152 shares. The firm has a 50-day moving average price of $6.31 and a 200-day moving average price of $6.22. Advent Claymore Convertible Securities and Income Fund of Beneficial Interest has a 52 week low of $5.25 and a 52 week high of $6.49.

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be paid a $0.047 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.56 dividend on an annualized basis and a yield of 9.16%.

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Large investors have recently modified their holdings of the company. Royal Bank of Canada raised its stake in shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest by 0.3% in the second quarter. Royal Bank of Canada now owns 24,847 shares of the exchange traded fund’s stock worth $155,000 after buying an additional 80 shares during the last quarter. Robinson Capital Management LLC raised its stake in shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest by 241.2% in the second quarter. Robinson Capital Management LLC now owns 279,513 shares of the exchange traded fund’s stock worth $1,741,000 after buying an additional 197,601 shares during the last quarter. Advisor Group Inc. raised its stake in shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest by 1.5% in the second quarter. Advisor Group Inc. now owns 66,161 shares of the exchange traded fund’s stock worth $412,000 after buying an additional 966 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest by 2.3% in the second quarter. JPMorgan Chase & Co. now owns 1,003,308 shares of the exchange traded fund’s stock worth $6,251,000 after buying an additional 22,322 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest during the second quarter worth about $305,000.

Insider Buying and Selling by Quarter for Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC)

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