Royal Bank of Canada lifted its position in Advent Claymore Convertible Securities & Income Fund II (NYSE:AGC) by 0.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,847 shares of the exchange traded fund’s stock after acquiring an additional 80 shares during the period. Royal Bank of Canada’s holdings in Advent Claymore Convertible Securities & Income Fund II were worth $155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Advisor Group Inc. increased its position in shares of Advent Claymore Convertible Securities & Income Fund II by 1.5% in the 2nd quarter. Advisor Group Inc. now owns 66,161 shares of the exchange traded fund’s stock valued at $412,000 after acquiring an additional 966 shares during the period. JPMorgan Chase & Co. increased its position in shares of Advent Claymore Convertible Securities & Income Fund II by 2.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,003,308 shares of the exchange traded fund’s stock valued at $6,251,000 after acquiring an additional 22,322 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of Advent Claymore Convertible Securities & Income Fund II in the 2nd quarter valued at $305,000. Shaker Financial Services LLC increased its position in shares of Advent Claymore Convertible Securities & Income Fund II by 415.9% in the 2nd quarter. Shaker Financial Services LLC now owns 100,474 shares of the exchange traded fund’s stock valued at $626,000 after acquiring an additional 81,000 shares during the period. Finally, Robinson Capital Management LLC increased its position in shares of Advent Claymore Convertible Securities & Income Fund II by 241.2% in the 2nd quarter. Robinson Capital Management LLC now owns 279,513 shares of the exchange traded fund’s stock valued at $1,741,000 after acquiring an additional 197,601 shares during the period.

In related news, Director Rowland Wallace Uloth purchased 100,000 shares of the business’s stock in a transaction on Monday, September 11th. The shares were bought at an average cost of $0.34 per share, with a total value of $34,000.00. Also, insider Advent Capital Management /De/ sold 469,000 shares of the stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $6.19, for a total value of $2,903,110.00. Following the sale, the insider now directly owns 390,544 shares in the company, valued at $2,417,467.36. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 699,500 shares of company stock worth $208,625 and have sold 1,519,966 shares worth $7,249,594.

Advent Claymore Convertible Securities & Income Fund II (NYSE AGC) opened at $6.10 on Friday. Advent Claymore Convertible Securities & Income Fund II has a 12-month low of $5.45 and a 12-month high of $6.49.

The company also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be given a $0.047 dividend. This represents a $0.56 annualized dividend and a dividend yield of 9.25%. The ex-dividend date of this dividend is Tuesday, November 14th.

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Institutional Ownership by Quarter for Advent Claymore Convertible Securities & Income Fund II (NYSE:AGC)

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