Raymond James Trust N.A. Acquires New Stake in PCM Fund, Inc. (PCM)
Raymond James Trust N.A. acquired a new position in PCM Fund, Inc. (NYSE:PCM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,567 shares of the investment management company’s stock, valued at approximately $153,000.
Several other hedge funds have also made changes to their positions in the company. Laurion Capital Management LP bought a new stake in PCM Fund during the second quarter worth $617,000. Bank of America Corp DE raised its position in PCM Fund by 99.2% during the second quarter. Bank of America Corp DE now owns 12,449 shares of the investment management company’s stock worth $142,000 after acquiring an additional 6,199 shares in the last quarter. Finally, Pennsylvania Trust Co bought a new stake in PCM Fund during the third quarter worth $300,000. 7.25% of the stock is currently owned by institutional investors and hedge funds.
NYSE PCM opened at $10.77 on Thursday. PCM Fund, Inc. has a 1 year low of $9.96 and a 1 year high of $11.97.
PCM Fund Company Profile
There is no company description available for PCM Fund.
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