Northwestern Mutual Wealth Management Co. increased its position in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ) by 17.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,584 shares of the investment management company’s stock after acquiring an additional 3,542 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Allianzgi NFJ Dividend int & Prm Stgy Fd were worth $309,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Shaker Financial Services LLC purchased a new stake in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd during the second quarter worth $3,118,000. Advisors Asset Management Inc. raised its holdings in Allianzgi NFJ Dividend int & Prm Stgy Fd by 27.3% during the second quarter. Advisors Asset Management Inc. now owns 680,021 shares of the investment management company’s stock valued at $8,901,000 after buying an additional 145,850 shares in the last quarter. Girard Partners LTD. bought a new position in Allianzgi NFJ Dividend int & Prm Stgy Fd during the second quarter valued at about $407,000. Pointe Capital Management LLC raised its holdings in Allianzgi NFJ Dividend int & Prm Stgy Fd by 4.0% during the second quarter. Pointe Capital Management LLC now owns 176,095 shares of the investment management company’s stock valued at $2,305,000 after buying an additional 6,750 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in Allianzgi NFJ Dividend int & Prm Stgy Fd by 13.6% during the second quarter. Janney Montgomery Scott LLC now owns 42,928 shares of the investment management company’s stock valued at $562,000 after buying an additional 5,150 shares in the last quarter.

WARNING: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/09/18/northwestern-mutual-wealth-management-co-purchases-3542-shares-of-allianzgi-nfj-dividend-int-prm-stgy-fd-nfj.html.

Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ) opened at 12.98 on Monday. The firm’s 50-day moving average price is $13.15 and its 200 day moving average price is $13.13. Allianzgi NFJ Dividend int & Prm Stgy Fd has a 12-month low of $11.98 and a 12-month high of $13.51.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Monday, September 11th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 9.24%. The ex-dividend date of this dividend is Friday, September 8th.

Allianzgi NFJ Dividend int & Prm Stgy Fd Profile

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a diversified closed-end management investment company. The Fund’s primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. It invests in a diversified portfolio of dividend-paying common stocks and income producing convertible securities.

Want to see what other hedge funds are holding NFJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ).

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

Receive News & Stock Ratings for Allianzgi NFJ Dividend int & Prm Stgy Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianzgi NFJ Dividend int & Prm Stgy Fd and related stocks with our FREE daily email newsletter.