Usca Ria LLC acquired a new position in ALLIANZGI cnv &/COM (NYSE:CBH) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 27,550 shares of the company’s stock, valued at approximately $255,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new stake in shares of ALLIANZGI cnv &/COM in the second quarter worth $109,000. Royal Bank of Canada lifted its holdings in shares of ALLIANZGI cnv &/COM by 90.1% in the 1st quarter. Royal Bank of Canada now owns 41,430 shares of the company’s stock worth $382,000 after acquiring an additional 19,632 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of ALLIANZGI cnv &/COM in the 4th quarter worth about $182,000. Wedbush Securities Inc. lifted its holdings in shares of ALLIANZGI cnv &/COM by 61.3% in the 1st quarter. Wedbush Securities Inc. now owns 72,155 shares of the company’s stock worth $665,000 after acquiring an additional 27,415 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of ALLIANZGI cnv &/COM by 47.3% in the 1st quarter. Wells Fargo & Company MN now owns 172,680 shares of the company’s stock worth $1,592,000 after acquiring an additional 55,470 shares during the last quarter.

ALLIANZGI cnv &/COM stock opened at $9.27 on Tuesday. ALLIANZGI cnv &/COM has a 12-month low of $8.75 and a 12-month high of $10.05.

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 4th. Stockholders of record on Monday, August 13th will be issued a $0.046 dividend. The ex-dividend date of this dividend is Friday, August 10th. This represents a $0.55 annualized dividend and a dividend yield of 5.96%.

About ALLIANZGI cnv &/COM

There is no company description available for AllianzGI Convertible & Income 2024 Target Term Fund.

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Institutional Ownership by Quarter for ALLIANZGI cnv &/COM (NYSE:CBH)

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