Insider Buying: Ares Capital Management Ii Llc Buys 3,053 Shares of Ares Dynamic Credit Allocation Fund Stock (ARDC)
Ares Dynamic Credit Allocation Fund (NASDAQ:ARDC) Insider Ares Capital Management Ii Llc purchased 3,053 shares of the stock on the open market in a transaction dated Friday, September 27th. The stock was purchased at an average price of $17.99 per share, with a total value of $54,923.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Ares Dynamic Credit Allocation Fund (NASDAQ:ARDC) traded up 1.49% during mid-day trading on Tuesday, hitting $18.38. 40,949 shares of the company’s stock traded hands. Ares Dynamic Credit Allocation Fund has a 1-year low of $17.83 and a 1-year high of $20.41. The stock’s 50-day moving average is $18.5 and its 200-day moving average is $19.24.
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