SVB Wealth LLC purchased a new stake in Virtus Convertible & Income Fund II (NYSE:NCZ – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 25,150 shares of the investment management company’s stock, valued at approximately $75,000.
Several other institutional investors have also modified their holdings of NCZ. Gilliland Jeter Wealth Management LLC acquired a new stake in Virtus Convertible & Income Fund II in the fourth quarter valued at approximately $44,000. Pinnacle Wealth Planning Services Inc. lifted its position in shares of Virtus Convertible & Income Fund II by 16.6% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 24,450 shares of the investment management company’s stock worth $73,000 after purchasing an additional 3,476 shares during the last quarter. CTC Alternative Strategies Ltd. grew its stake in shares of Virtus Convertible & Income Fund II by 108.6% during the fourth quarter. CTC Alternative Strategies Ltd. now owns 37,764 shares of the investment management company’s stock worth $113,000 after purchasing an additional 19,664 shares in the last quarter. Integrated Capital Management Inc. increased its holdings in Virtus Convertible & Income Fund II by 6.6% in the first quarter. Integrated Capital Management Inc. now owns 64,684 shares of the investment management company’s stock valued at $193,000 after buying an additional 3,991 shares during the last quarter. Finally, PFG Investments LLC acquired a new stake in Virtus Convertible & Income Fund II in the first quarter valued at $193,000.
Virtus Convertible & Income Fund II Stock Up 2.1 %
NYSE:NCZ opened at $2.97 on Thursday. Virtus Convertible & Income Fund II has a 1 year low of $2.50 and a 1 year high of $3.15. The stock has a 50-day simple moving average of $2.91 and a 200-day simple moving average of $2.89.
Virtus Convertible & Income Fund II Dividend Announcement
Virtus Convertible & Income Fund II Profile
Virtus Convertible & Income Fund II is a closed ended fixed income 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 fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.
Read More
- Five stocks we like better than Virtus Convertible & Income Fund II
- The 3 Best Fintech Stocks to Buy Now
- 3 AI Stocks That You Can Buy and Hold Forever
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- As The Magnificent 7 Stumble, Pivot to These 3 Growth Stocks
- How to Find Undervalued Stocks
- Joby Aviation Stock: The Case for Upside Just Got Stronger
Want to see what other hedge funds are holding NCZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtus Convertible & Income Fund II (NYSE:NCZ – Free Report).
Receive News & Ratings for Virtus Convertible & Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus Convertible & Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.