Pointe Capital Management LLC raised its stake in Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ) by 4.0% during the second quarter, Holdings Channel reports. The fund owned 176,095 shares of the investment management company’s stock after buying an additional 6,750 shares during the period. Allianzgi NFJ Dividend int & Prm Stgy Fd accounts for 1.7% of Pointe Capital Management LLC’s investment portfolio, making the stock its 15th largest position. Pointe Capital Management LLC’s holdings in Allianzgi NFJ Dividend int & Prm Stgy Fd were worth $2,305,000 as of its most recent SEC filing.

Separately, Janney Montgomery Scott LLC increased its stake in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd by 13.6% in the second quarter. Janney Montgomery Scott LLC now owns 42,928 shares of the investment management company’s stock valued at $562,000 after buying an additional 5,150 shares during the last quarter.

Shares of Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ) opened at 13.24 on Thursday. Allianzgi NFJ Dividend int & Prm Stgy Fd has a 52 week low of $11.98 and a 52 week high of $13.51. The company’s 50-day moving average price is $13.24 and its 200 day moving average price is $13.14.

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Allianzgi NFJ Dividend int & Prm Stgy Fd Company Profile

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a diversified closed-end management investment company. The Fund’s primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. It invests in a diversified portfolio of dividend-paying common stocks and income producing convertible securities.

Want to see what other hedge funds are holding NFJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ).

Institutional Ownership by Quarter for Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ)

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