Ares Dynamic Credit Allocation Fund Director David Sachs Purchases 1,800 Shares (ARDC)
Ares Dynamic Credit Allocation Fund (NASDAQ:ARDC) Director David Sachs acquired 1,800 shares of the company’s stock on the open market in a transaction dated Friday, October 4th. The shares were purchased at an average cost of $18.11 per share, for a total transaction of $32,598.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Ares Dynamic Credit Allocation Fund (NASDAQ:ARDC) traded down 0.88% on Tuesday, hitting $18.00. 55,358 shares of the company’s stock traded hands. Ares Dynamic Credit Allocation Fund has a 52-week low of $17.83 and a 52-week high of $20.41. The stock’s 50-day moving average is $18.44 and its 200-day moving average is $19.19.
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