Ameriprise Financial Inc. reduced its stake in Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,496 shares of the company’s stock after selling 2,663 shares during the quarter. Ameriprise Financial Inc.’s holdings in Pimco Dynamic Credit and Mortgg Incm Fnd were worth $1,141,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Citadel Advisors LLC purchased a new stake in Pimco Dynamic Credit and Mortgg Incm Fnd in the 2nd quarter valued at $472,000. Stifel Financial Corp grew its holdings in Pimco Dynamic Credit and Mortgg Incm Fnd by 4.7% in the 2nd quarter. Stifel Financial Corp now owns 295,144 shares of the company’s stock valued at $6,579,000 after buying an additional 13,127 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in Pimco Dynamic Credit and Mortgg Incm Fnd by 42.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 46,127 shares of the company’s stock valued at $1,030,000 after buying an additional 13,753 shares in the last quarter. Mathes Company Inc. grew its holdings in Pimco Dynamic Credit and Mortgg Incm Fnd by 6.6% in the 3rd quarter. Mathes Company Inc. now owns 72,200 shares of the company’s stock valued at $1,665,000 after buying an additional 4,500 shares in the last quarter. Finally, Karp Capital Management Corp grew its holdings in Pimco Dynamic Credit and Mortgg Incm Fnd by 56.6% in the 3rd quarter. Karp Capital Management Corp now owns 24,820 shares of the company’s stock valued at $572,000 after buying an additional 8,975 shares in the last quarter.

Shares of Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) opened at $22.32 on Thursday. Pimco Dynamic Credit and Mortgg Incm Fnd has a twelve month low of $20.37 and a twelve month high of $23.45.

The business also recently announced a monthly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Friday, January 12th will be issued a $0.1641 dividend. This represents a $1.97 annualized dividend and a yield of 8.82%. The ex-dividend date is Thursday, January 11th.

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About Pimco Dynamic Credit and Mortgg Incm Fnd

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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