Mid Atlantic Financial Management Inc. ADV Invests $208,000 in Allianzgi Diversified Incm and Cnvrtb Fd (ACV)

Mid Atlantic Financial Management Inc. ADV acquired a new position in shares of Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,200 shares of the consumer goods maker’s stock, valued at approximately $208,000.

Separately, Baldwin Brothers Inc. MA acquired a new position in Allianzgi Diversified Incm and Cnvrtb Fd in the first quarter valued at $45,000.

Shares of Allianzgi Diversified Incm and Cnvrtb Fd stock opened at $23.03 on Friday. Allianzgi Diversified Incm and Cnvrtb Fd has a twelve month low of $17.51 and a twelve month high of $25.31.

The company also recently announced a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, May 13th will be issued a $0.167 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date of this dividend is Friday, May 10th.

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About Allianzgi Diversified Incm and Cnvrtb Fd

AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced 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 and fixed income markets. The fund primarily invests in diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities.

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Institutional Ownership by Quarter for Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV)

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