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Advent Convertible and Income Fund T.AVK


Primary Symbol: AVK

Advent Convertible and Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and current income. The Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. The Fund will invest at least 30% of its managed assets in convertible securities and up to 70% of its managed assets in non-convertible income securities. The Fund may invest without limitation in securities of foreign issuers. Fund invests in various sectors, such as technology, financial, communications, energy, basic materials and other. The investment advisor of the Fund is Advent Capital Management, LLC.


NYSE:AVK - Post by User

Comment by gold_diggers1on Sep 30, 2016 10:38pm
173 Views
Post# 25297663

RE:PS

RE:PS

Treetop2 wrote: PS, when I saw a million shares traded today, at first I thought "oh, maybe some news came out." But there wasn't any news. And on closer inspection, AVK was both up and down in a day of heavy trading. And it was the last trade of the day that resulted in the close 1 cent lower (by Haywood Securities - does it matter?) Looks to me like a healthy day of trading with increasing volume.


Hey Treetop2, Haywood was actually the one buying shares. Anon was the one driving AVK down 1 cent near end of day.
.
Anyway, here's the stats for today. Anon ended up being the one *net* selling more shares than Cormark. But Cormark only sold, not bought at all.
.

.
/www.stockwatch.com/Quote/Trades.aspx?what=brok&brokerid=7&symbol=AVK&region=C&d1=20160930&d2=20160930" style="color: rgb(17, 34, 204);" rel="noindex nofollow" target="_blank">7 TD Sec 661,200 172,386 0.261 71,900 18,752 0.261 589,300 -153,634 62 Haywood 140,000 35,690 0.255 0 140,000 -35,690 33 Canaccord 100,000 25,500 0.255 0 100,000 -25,500 15 UBS 94,500 24,459 0.259 0 94,500 -24,459 85 Scotia 25,000 6,350 0.254 0 25,000 -6,350 143 Pershing 21,500 5,417 0.252 0 21,500 -5,417 79 CIBC 47,400 12,042 0.254 32,500 8,535 0.263 14,900 -3,507 13 Instinet 12,000 3,050 0.254 1,000 250 0.25 11,000 -2,800 22 Fidelity 7,000 1,785 0.255 0 7,000 -1,785 39 Merrill Lynch 13,000 3,320 0.255 7,000 1,810 0.259 6,000 -1,510 124 Questrade 6,000 1,470 0.245 0 6,000 -1,470 25 Odlum 4,500 1,147 0.255 0 4,500 -1,147 53 Morgan Stanley 3,400 884 0.26 0 3,400 -884 80 National Bank 500 127 0.254 600 155 0.258 -100 28 58 Qtrade 0 5,000 1,275 0.255 -5,000 1,275 99 Jitney 45,500 11,585 0.255 51,500 13,159 0.256 -6,000 1,574 73 Cormark 0 489,500 125,254 0.256 -489,500 125,254 1 Anonymous 530,000 134,955 0.255 1,052,500 270,977 0.257 -522,500 136,022 TOTAL 1,711,500 440,167 0.257 1,711,500 440,167 0.257 0 0 .
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The last few trades of the day:
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/www.stockwatch.com/Help/Quotes.aspx#quote" style="color: rgb(17, 34, 204);" rel="noindex nofollow" target="_blank">Markers 15:59:40 X
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