Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ) Stake Lessened by Relative Value Partners Group LLC

Relative Value Partners Group LLC lowered its stake in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ) by 0.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,333,523 shares of the investment management company’s stock after selling 15,170 shares during the period. Allianzgi NFJ Dividend int & Prm Stgy Fd accounts for about 3.0% of Relative Value Partners Group LLC’s investment portfolio, making the stock its 7th largest position. Relative Value Partners Group LLC’s holdings in Allianzgi NFJ Dividend int & Prm Stgy Fd were worth $28,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. increased its position in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd by 9.2% during the fourth quarter. Advisors Asset Management Inc. now owns 1,127,124 shares of the investment management company’s stock valued at $12,038,000 after acquiring an additional 95,376 shares during the last quarter. Creative Planning purchased a new stake in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd during the fourth quarter valued at approximately $125,000. Pointe Capital Management LLC increased its position in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd by 0.9% during the fourth quarter. Pointe Capital Management LLC now owns 233,956 shares of the investment management company’s stock valued at $2,499,000 after acquiring an additional 2,195 shares during the last quarter. Athena Capital Advisors LLC purchased a new stake in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd during the fourth quarter valued at approximately $33,000. Finally, LPL Financial LLC increased its position in shares of Allianzgi NFJ Dividend int & Prm Stgy Fd by 4.1% during the fourth quarter. LPL Financial LLC now owns 23,717 shares of the investment management company’s stock valued at $253,000 after acquiring an additional 926 shares during the last quarter.

NYSE NFJ traded down $0.28 on Friday, hitting $12.01. 703 shares of the stock traded hands, compared to its average volume of 226,153. Allianzgi NFJ Dividend int & Prm Stgy Fd has a 12 month low of $10.04 and a 12 month high of $13.24.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 17th will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 7.49%. The ex-dividend date of this dividend is Friday, June 14th.

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Allianzgi NFJ Dividend int & Prm Stgy Fd Profile

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States.

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Institutional Ownership by Quarter for Allianzgi NFJ Dividend int & Prm Stgy Fd (NYSE:NFJ)

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