Advent/Claymore Enhanced Growth & Income (LCM) : Blue Bell Private Wealth Management reduced its stake in Advent/Claymore Enhanced Growth & Income by 10.88% during the most recent quarter end. The investment management company now holds a total of 40,146 shares of Advent/Claymore Enhanced Growth & Income which is valued at $331,606 after selling 4,900 shares in Advent/Claymore Enhanced Growth & Income , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Advent/Claymore Enhanced Growth & Income makes up approximately 0.20% of Blue Bell Private Wealth Management’s portfolio.
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Advent/Claymore Enhanced Growth & Income (LCM) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $8.28 and reached the intraday high at $8.32. The bulls started the profit booking and pushed the shares to intraday low of $8.23. The trading session was marked by a volume range of 23,835 shares exchanging hands. The 52-week high of the shares is $8.963 and the 52-week low is $6.91. The market cap of the company stands at $104 M and there are 1,25,50,000 shares in public circulation.
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. The Fund invests approximately 70% of its managed assets in a range of equity securities and convertible securities of United States and non-United States issuers and approximately 30% of its managed assets in non-convertible high-yield securities. Additionally the Fund engages in a strategy of selling covered call options on a portion of the securities held in the Fund’s portfolio thus generating option writing premiums. It invests in sectors including consumer communications basic materials financial utilities industrial and energy. Advent Capital Management LLC serves as the Fund’s investment manager. The Fund’s investment adviser is Guggenheim Funds Investment Advisors LLC.