Royal Bank of Canada Reduces Stock Position in Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ)

Royal Bank of Canada reduced its holdings in Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ) by 2.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 286,410 shares of the investment management company’s stock after selling 7,953 shares during the period. Royal Bank of Canada’s holdings in Allianzgi NFJ Dividend int & Prm Stgy Fd were worth $3,551,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of NFJ. Belpointe Asset Management LLC purchased a new position in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd during the 1st quarter worth about $103,000. Dearborn Partners LLC purchased a new position in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd during the 2nd quarter worth about $124,000. Occidental Asset Management LLC purchased a new position in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd during the 2nd quarter worth about $125,000. Copperwynd Financial LLC purchased a new position in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd during the 2nd quarter worth about $138,000. Finally, Walleye Trading Advisors LLC boosted its stake in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd by 98.1% during the 2nd quarter. Walleye Trading Advisors LLC now owns 21,000 shares of the investment management company’s stock worth $260,000 after purchasing an additional 10,400 shares during the period.

Shares of NFJ stock traded down $0.05 during trading hours on Monday, reaching $12.18. 4,247 shares of the stock were exchanged, compared to its average volume of 216,155. Allianzgi NFJ Dividend int & Prm Stgy Fd has a 12-month low of $10.04 and a 12-month high of $12.65. The company’s 50-day moving average price is $12.19 and its 200-day moving average price is $12.23.

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were paid a dividend of $0.225 per share. The ex-dividend date was Friday, September 13th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 7.39%.

About Allianzgi NFJ Dividend int & Prm Stgy Fd

AllianzGI NFJ Dividend, Interest & Premium Strategy 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 and NFJ Investment Group LLC. It invests in public equity markets of the United States.

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

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