Strategic Advisors LLC grew its position in Credit Suisse AM Inc Fund Inc. (NYSE:CIK) by 2.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,651 shares of the company’s stock after acquiring an additional 1,717 shares during the quarter. Strategic Advisors LLC’s holdings in Credit Suisse AM Inc Fund were worth $295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in CIK. Shaker Financial Services LLC increased its stake in Credit Suisse AM Inc Fund by 270.3% in the 2nd quarter. Shaker Financial Services LLC now owns 355,362 shares of the company’s stock worth $1,198,000 after acquiring an additional 259,398 shares during the last quarter. Sigma Planning Corp increased its stake in Credit Suisse AM Inc Fund by 256.2% in the 2nd quarter. Sigma Planning Corp now owns 246,198 shares of the company’s stock worth $830,000 after acquiring an additional 177,080 shares during the last quarter. Wedbush Securities Inc. increased its stake in Credit Suisse AM Inc Fund by 10.8% in the 2nd quarter. Wedbush Securities Inc. now owns 385,147 shares of the company’s stock worth $1,298,000 after acquiring an additional 37,695 shares during the last quarter. Wells Fargo & Company MN increased its stake in Credit Suisse AM Inc Fund by 50.5% in the 2nd quarter. Wells Fargo & Company MN now owns 82,353 shares of the company’s stock worth $277,000 after acquiring an additional 27,649 shares during the last quarter. Finally, IMS Capital Management increased its stake in Credit Suisse AM Inc Fund by 0.8% in the 2nd quarter. IMS Capital Management now owns 103,856 shares of the company’s stock worth $350,000 after acquiring an additional 807 shares during the last quarter.

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In other Credit Suisse AM Inc Fund news, major shareholder Saba Capital Management, L.P. sold 16,186 shares of the firm’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $3.34, for a total transaction of $54,061.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 754,059 shares of company stock valued at $2,547,921.

Credit Suisse AM Inc Fund Inc. (NYSE:CIK) remained flat at $3.34 during mid-day trading on Thursday. The company had a trading volume of 11,011 shares. Credit Suisse AM Inc Fund Inc. has a 52-week low of $2.91 and a 52-week high of $3.50. The company’s 50-day moving average is $3.36 and its 200 day moving average is $3.34.

The firm also recently announced a monthly dividend, which will be paid on Monday, September 18th. Shareholders of record on Tuesday, September 12th will be paid a dividend of $0.022 per share. The ex-dividend date of this dividend is Monday, September 11th. This represents a $0.26 annualized dividend and a yield of 7.90%.

About Credit Suisse AM Inc Fund

Credit Suisse Asset Management Income Fund, Inc is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income consistent with the preservation of capital. The Fund invests in a range of sectors, which include advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, electronics, energy-exploration and production, food-wholesale, forestry and paper, gas distribution, health facilities, insurance brokerage, media-diversified, media content, medical products, metals and mining, oil field equipment and services, packaging, personal and household products, pharmaceuticals, software-services, real estate investment trusts, restaurants, specialty retail, and recreation and travel.

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Institutional Ownership by Quarter for Credit Suisse AM Inc Fund (NYSE:CIK)

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