Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC) major shareholder Saba Capital Management, L.P. bought 28,490 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The stock was bought at an average price of $5.75 per share, with a total value of $163,817.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Thursday, September 15th, Saba Capital Management, L.P. purchased 12,949 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.74 per share, with a total value of $74,327.26.
  • On Monday, September 12th, Saba Capital Management, L.P. purchased 9,418 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.72 per share, with a total value of $53,870.96.
  • On Tuesday, September 6th, Saba Capital Management, L.P. purchased 7,264 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.90 per share, with a total value of $42,857.60.
  • On Friday, September 2nd, Saba Capital Management, L.P. purchased 15,624 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.85 per share, with a total value of $91,400.40.
  • On Wednesday, August 31st, Saba Capital Management, L.P. purchased 26,093 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.84 per share, with a total value of $152,383.12.
  • On Friday, August 26th, Saba Capital Management, L.P. purchased 25,968 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.83 per share, with a total value of $151,393.44.
  • On Wednesday, August 24th, Saba Capital Management, L.P. purchased 15,168 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.82 per share, with a total value of $88,277.76.
  • On Monday, August 22nd, Saba Capital Management, L.P. purchased 206,320 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.79 per share, with a total value of $1,194,592.80.
  • On Friday, August 12th, Saba Capital Management, L.P. purchased 36,108 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.75 per share, with a total value of $207,621.00.
  • On Tuesday, August 9th, Saba Capital Management, L.P. purchased 67,536 shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest stock. The shares were acquired at an average cost of $5.77 per share, with a total value of $389,682.72.

Shares of Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC) opened at 5.76 on Wednesday. Advent Claymore Convertible Securities and Income Fund of Beneficial Interest has a one year low of $4.41 and a one year high of $6.00. The firm’s 50-day moving average price is $5.78 and its 200-day moving average price is $5.59.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/saba-capital-management-l-p-buys-28490-shares-of-advent-claymore-convertible-securities-and-income-fund-of-beneficial-interest-agc-stock.html

Advent Claymore Convertible Securities and Income Fund of Beneficial Interest Company Profile

5 Day Chart for NYSE:AGC

Receive News & Ratings for Advent Claymore Convertible Securities and Income Fund of Beneficial Interest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advent Claymore Convertible Securities and Income Fund of Beneficial Interest and related companies with MarketBeat.com's FREE daily email newsletter.