Advent/Claymore Enhanced Growth & Income (NYSE:LCM) VP Tony Huang purchased 3,500 shares of the company’s stock in a transaction dated Monday, August 21st. The shares were acquired at an average price of $8.24 per share, with a total value of $28,840.00. Following the transaction, the vice president now owns 8,500 shares in the company, valued at approximately $70,040. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Advent/Claymore Enhanced Growth & Income (NYSE:LCM) opened at 8.24 on Tuesday. Advent/Claymore Enhanced Growth & Income has a 12 month low of $7.53 and a 12 month high of $8.90. The stock’s 50 day moving average price is $8.65 and its 200-day moving average price is $8.64.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 10.19%. The ex-dividend date of this dividend is Friday, August 11th.

COPYRIGHT VIOLATION NOTICE: “Advent/Claymore Enhanced Growth & Income (LCM) VP Tony Huang Buys 3,500 Shares” was originally published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://theolympiareport.com/2017/08/22/adventclaymore-enhanced-growth-income-lcm-vp-tony-huang-buys-3500-shares.html.

Several large investors have recently bought and sold shares of LCM. Raymond James Financial Services Advisors Inc. raised its stake in Advent/Claymore Enhanced Growth & Income by 14.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 38,312 shares of the investment management company’s stock valued at $335,000 after buying an additional 4,772 shares during the last quarter. Advisors Asset Management Inc. raised its stake in Advent/Claymore Enhanced Growth & Income by 8.3% in the second quarter. Advisors Asset Management Inc. now owns 556,173 shares of the investment management company’s stock valued at $4,867,000 after buying an additional 42,765 shares during the last quarter. Citigroup Inc. raised its stake in Advent/Claymore Enhanced Growth & Income by 20.9% in the second quarter. Citigroup Inc. now owns 282,799 shares of the investment management company’s stock valued at $2,474,000 after buying an additional 48,842 shares during the last quarter. Finally, Ursa Fund Management LLC bought a new stake in Advent/Claymore Enhanced Growth & Income during the second quarter valued at about $656,000.

Advent/Claymore Enhanced Growth & Income Company Profile

Advent/Claymore Enhanced Growth & Income Fund is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income and current gains from trading in securities, with a secondary objective of long-term capital appreciation. Under normal market conditions, the Fund invests approximately 40% of its managed assets in a diversified portfolio of equity securities and convertible securities of the United States and non-United States issuers, and may invest up to 60% of its managed assets in non-convertible high-yield securities.

Receive News & Ratings for Advent/Claymore Enhanced Growth & Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advent/Claymore Enhanced Growth & Income and related companies with Analyst Ratings Network's FREE daily email newsletter.