Advent/Claymore Enhanced Growth & Income (LCM) : Mariner Investment Group scooped up 78,490 additional shares in Advent/Claymore Enhanced Growth & Income during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 596,036 shares of Advent/Claymore Enhanced Growth & Income which is valued at $5,066,306.Advent/Claymore Enhanced Growth & Income makes up approximately 1.65% of Mariner Investment Group’s portfolio.
Other Hedge Funds, Including , Sit Investment Associates Inc boosted its stake in LCM in the latest quarter, The investment management firm added 183,013 additional shares and now holds a total of 439,949 shares of Advent/Claymore Enhanced Growth & Income which is valued at $3,792,360. Advent/Claymore Enhanced Growth & Income makes up approx 0.10% of Sit Investment Associates Inc’s portfolio.Blue Bell Private Wealth Management reduced its stake in LCM by selling 7,441 shares or 14.18% in the most recent quarter. The Hedge Fund company now holds 45,046 shares of LCM which is valued at $388,297. Advent/Claymore Enhanced Growth & Income makes up approx 0.24% of Blue Bell Private Wealth Management’s portfolio.
Advent/Claymore Enhanced Growth & Income closed down -0.03 points or -0.35% at $8.46 with 67,656 shares getting traded on Monday. Post opening the session at $8.5, the shares hit an intraday low of $8.46 and an intraday high of $8.51 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.