Keystone Financial Group Boosts Position in AllianzGI Equity & Convertible Income FD (NIE)

Keystone Financial Group increased its stake in AllianzGI Equity & Convertible Income FD (NYSE:NIE) by 10.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 40,625 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. Keystone Financial Group’s holdings in AllianzGI Equity & Convertible Income FD were worth $874,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of NIE. Advisory Services Network LLC grew its stake in AllianzGI Equity & Convertible Income FD by 16.2% in the 4th quarter. Advisory Services Network LLC now owns 7,982 shares of the company’s stock valued at $148,000 after buying an additional 1,110 shares in the last quarter. Portfolio Solutions LLC purchased a new position in shares of AllianzGI Equity & Convertible Income FD during the 4th quarter valued at $26,000. Raymond James Financial Services Advisors Inc. grew its position in AllianzGI Equity & Convertible Income FD by 7.0% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 29,792 shares of the company’s stock worth $641,000 after acquiring an additional 1,945 shares in the last quarter. HL Financial Services LLC grew its position in AllianzGI Equity & Convertible Income FD by 14.9% in the fourth quarter. HL Financial Services LLC now owns 17,366 shares of the company’s stock worth $322,000 after acquiring an additional 2,250 shares in the last quarter. Finally, We Are One Seven LLC purchased a new position in AllianzGI Equity & Convertible Income FD in the fourth quarter worth $49,000.

NYSE:NIE traded up $0.01 during midday trading on Thursday, hitting $21.58. The company had a trading volume of 1,359 shares, compared to its average volume of 77,785. AllianzGI Equity & Convertible Income FD has a 52-week low of $17.14 and a 52-week high of $23.96.

COPYRIGHT VIOLATION WARNING: “Keystone Financial Group Boosts Position in AllianzGI Equity & Convertible Income FD (NIE)” was originally posted by WKRB News and is the property of of WKRB News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.wkrb13.com/2019/05/16/keystone-financial-group-boosts-position-in-allianzgi-equity-convertible-income-fd-nie.html.

AllianzGI Equity & Convertible Income FD Company Profile

AllianzGI Equity & Convertible Income Fund is a closed ended equity 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 markets of the United States. The fund invests in stocks of companies operating across diversified sectors.

Featured Article: What is an SEC Filing?

Want to see what other hedge funds are holding NIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AllianzGI Equity & Convertible Income FD (NYSE:NIE).

Institutional Ownership by Quarter for AllianzGI Equity & Convertible Income FD (NYSE:NIE)

Receive News & Ratings for AllianzGI Equity & Convertible Income FD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AllianzGI Equity & Convertible Income FD and related companies with MarketBeat.com's FREE daily email newsletter.