AllianzGI Convertible & Income 2024 Target Term Fund (NYSE:CBH) Stock Price Up 0.7%

AllianzGI Convertible & Income 2024 Target Term Fund (NYSE:CBHGet Rating)’s stock price rose 0.7% during trading on Wednesday . The stock traded as high as $9.02 and last traded at $8.88. Approximately 19,792 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 25,187 shares. The stock had previously closed at $8.82.

The firm’s 50 day simple moving average is $9.07 and its 200 day simple moving average is $9.52.

Several institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its holdings in AllianzGI Convertible & Income 2024 Target Term Fund by 831.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 96,900 shares of the company’s stock worth $956,000 after buying an additional 86,500 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in AllianzGI Convertible & Income 2024 Target Term Fund during the fourth quarter worth approximately $364,000. Chicago Partners Investment Group LLC boosted its holdings in AllianzGI Convertible & Income 2024 Target Term Fund by 16.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 218,821 shares of the company’s stock worth $2,092,000 after buying an additional 30,470 shares in the last quarter. Morgan Stanley boosted its holdings in AllianzGI Convertible & Income 2024 Target Term Fund by 3.0% during the second quarter. Morgan Stanley now owns 961,530 shares of the company’s stock worth $10,038,000 after buying an additional 27,857 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in AllianzGI Convertible & Income 2024 Target Term Fund by 9.0% during the fourth quarter. Stifel Financial Corp now owns 336,217 shares of the company’s stock worth $3,318,000 after buying an additional 27,682 shares in the last quarter.

AllianzGI Convertible & Income 2024 Target Term Fund Company Profile (NYSE:CBH)

AllianzGI Convertible & Income 2024 Target Term Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity and fixed incomes markets of the United States. It invests in stocks of companies operating across diversified sectors.

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