Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) Shares Bought by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lifted its holdings in Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) by 42.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,127 shares of the company’s stock after purchasing an additional 13,753 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Pimco Dynamic Credit and Mortgg Incm Fnd were worth $1,030,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. boosted its holdings in Pimco Dynamic Credit and Mortgg Incm Fnd by 26.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,540 shares of the company’s stock worth $101,000 after buying an additional 950 shares during the last quarter. FTB Advisors Inc. raised its position in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 39.2% during the 2nd quarter. FTB Advisors Inc. now owns 8,575 shares of the company’s stock valued at $192,000 after buying an additional 2,416 shares during the period. Parkside Investments LLC purchased a new stake in shares of Pimco Dynamic Credit and Mortgg Incm Fnd during the 2nd quarter valued at approximately $223,000. MML Investors Services LLC raised its position in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 15.9% during the 2nd quarter. MML Investors Services LLC now owns 12,011 shares of the company’s stock valued at $268,000 after buying an additional 1,649 shares during the period. Finally, First Allied Advisory Services Inc. raised its position in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 24.8% during the 2nd quarter. First Allied Advisory Services Inc. now owns 12,215 shares of the company’s stock valued at $274,000 after buying an additional 2,428 shares during the period.

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Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) traded down $0.29 during mid-day trading on Friday, hitting $22.35. 543,500 shares of the stock traded hands, compared to its average volume of 587,445. Pimco Dynamic Credit and Mortgg Incm Fnd has a 1 year low of $18.90 and a 1 year high of $23.45.

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 13th will be given a dividend of $0.1641 per share. This represents a $1.97 dividend on an annualized basis and a dividend yield of 8.81%. The ex-dividend date is Friday, November 10th.

Pimco Dynamic Credit and Mortgg Incm Fnd Company Profile

PIMCO Dynamic Credit and Mortgage Income Fund, formerly PIMCO Dynamic Credit Income Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income and capital appreciation is the secondary objective. It will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related securities and other debt instruments of varying maturities.

Institutional Ownership by Quarter for Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI)

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