Atria Wealth Solutions Inc. Acquires 19,000 Shares of Virtus Convertible & Income Fund II (NYSE:NCZ)

Atria Wealth Solutions Inc. boosted its holdings in Virtus Convertible & Income Fund II (NYSE:NCZ) by 152.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,432 shares of the investment management company’s stock after purchasing an additional 19,000 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Virtus Convertible & Income Fund II were worth $98,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC grew its position in shares of Virtus Convertible & Income Fund II by 44.2% during the 3rd quarter. Virtu Financial LLC now owns 20,137 shares of the investment management company’s stock worth $63,000 after buying an additional 6,176 shares during the period. Wolverine Asset Management LLC bought a new position in Virtus Convertible & Income Fund II during the third quarter worth $78,000. Ionic Capital Management LLC acquired a new stake in Virtus Convertible & Income Fund II in the third quarter worth $150,000. Choreo LLC increased its stake in Virtus Convertible & Income Fund II by 5.4% in the fourth quarter. Choreo LLC now owns 79,617 shares of the investment management company’s stock valued at $252,000 after purchasing an additional 4,110 shares in the last quarter. Finally, Shaker Financial Services LLC raised its holdings in shares of Virtus Convertible & Income Fund II by 50.1% during the third quarter. Shaker Financial Services LLC now owns 190,638 shares of the investment management company’s stock valued at $593,000 after purchasing an additional 63,656 shares during the period.

Virtus Convertible & Income Fund II Price Performance

NCZ stock opened at $12.37 on Monday. The company’s 50-day moving average is $12.79 and its 200-day moving average is $12.58. Virtus Convertible & Income Fund II has a 1 year low of $10.80 and a 1 year high of $13.44.

About Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.