Gabelli Convertbl and Incm Scrts Fnd Inc (NYSE:GCV) Shares Sold by Windsor Capital Management LLC

Windsor Capital Management LLC reduced its holdings in Gabelli Convertbl and Incm Scrts Fnd Inc (NYSE:GCV) by 3.5% during the 2nd quarter, Holdings Channel reports. The fund owned 212,540 shares of the investment management company’s stock after selling 7,696 shares during the quarter. Windsor Capital Management LLC’s holdings in Gabelli Convertbl and Incm Scrts Fnd were worth $1,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. PFG Advisors increased its position in Gabelli Convertbl and Incm Scrts Fnd by 17.5% in the 1st quarter. PFG Advisors now owns 41,391 shares of the investment management company’s stock valued at $216,000 after acquiring an additional 6,153 shares during the period. Advisory Services Network LLC increased its position in Gabelli Convertbl and Incm Scrts Fnd by 17.6% in the 1st quarter. Advisory Services Network LLC now owns 16,699 shares of the investment management company’s stock valued at $87,000 after acquiring an additional 2,499 shares during the period. Mid Atlantic Financial Management Inc. ADV increased its position in Gabelli Convertbl and Incm Scrts Fnd by 20.8% in the 1st quarter. Mid Atlantic Financial Management Inc. ADV now owns 26,700 shares of the investment management company’s stock valued at $139,000 after acquiring an additional 4,600 shares during the period. Finally, Advisor Group Inc. increased its position in Gabelli Convertbl and Incm Scrts Fnd by 13.2% in the 2nd quarter. Advisor Group Inc. now owns 90,572 shares of the investment management company’s stock valued at $464,000 after acquiring an additional 10,591 shares during the period. Hedge funds and other institutional investors own 14.18% of the company’s stock.

GCV traded up $0.03 during trading hours on Friday, hitting $5.28. The company’s stock had a trading volume of 10,868 shares, compared to its average volume of 48,376. Gabelli Convertbl and Incm Scrts Fnd Inc has a fifty-two week low of $3.99 and a fifty-two week high of $6.95. The company has a 50-day simple moving average of $5.24 and a 200 day simple moving average of $5.16.

Gabelli Convertbl and Incm Scrts Fnd Profile

The Gabelli Convertible and Income Securities Fund Inc is a closed-ended balanced mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity and fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors.

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Institutional Ownership by Quarter for Gabelli Convertbl and Incm Scrts Fnd (NYSE:GCV)

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