Wealth Enhancement Advisory Services LLC Has $866,000 Stock Holdings in Virtus Convertible & Income Fund II $NCZ

Wealth Enhancement Advisory Services LLC decreased its stake in shares of Virtus Convertible & Income Fund II (NYSE:NCZ) by 14.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,408 shares of the investment management company’s stock after selling 11,838 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Virtus Convertible & Income Fund II were worth $866,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in NCZ. Jane Street Group LLC acquired a new position in shares of Virtus Convertible & Income Fund II during the 4th quarter worth approximately $32,000. Merit Financial Group LLC acquired a new position in shares of Virtus Convertible & Income Fund II during the 1st quarter worth approximately $139,000. Insigneo Advisory Services LLC acquired a new position in shares of Virtus Convertible & Income Fund II during the 1st quarter worth approximately $149,000. Penserra Capital Management LLC acquired a new position in shares of Virtus Convertible & Income Fund II during the 1st quarter worth approximately $3,101,000. Finally, Accredited Investor Services LLC acquired a new position in shares of Virtus Convertible & Income Fund II during the 1st quarter worth approximately $210,000.

Virtus Convertible & Income Fund II Trading Up 0.4%

Shares of NYSE NCZ opened at $13.84 on Friday. Virtus Convertible & Income Fund II has a 12 month low of $10.23 and a 12 month high of $14.19. The stock has a 50 day moving average of $13.47 and a 200-day moving average of $12.53.

Virtus Convertible & Income Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Thursday, November 13th will be paid a dividend of $0.12 per share. This represents a c) annualized dividend and a dividend yield of 10.4%. The ex-dividend date is Thursday, November 13th.

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.