Advisor Group Inc. increased its position in shares of Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) by 9.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 106,712 shares of the company’s stock after acquiring an additional 8,808 shares during the period. Advisor Group Inc.’s holdings in Pimco Dynamic Credit and Mortgg Incm Fnd were worth $2,461,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. grew its position in Pimco Dynamic Credit and Mortgg Incm Fnd by 26.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,540 shares of the company’s stock worth $101,000 after acquiring an additional 950 shares during the last quarter. FTB Advisors Inc. grew its position in 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 worth $192,000 after acquiring an additional 2,416 shares during the last quarter. Cetera Investment Advisers bought a new stake in Pimco Dynamic Credit and Mortgg Incm Fnd during the 2nd quarter worth $210,000. Parkside Investments LLC bought a new stake in Pimco Dynamic Credit and Mortgg Incm Fnd during the 2nd quarter worth $223,000. Finally, MML Investors Services LLC grew its position in 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 worth $268,000 after acquiring an additional 1,649 shares during the last quarter.

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Shares of Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) traded up $0.10 during mid-day trading on Thursday, reaching $21.94. The company had a trading volume of 1,213,700 shares, compared to its average volume of 594,305. Pimco Dynamic Credit and Mortgg Incm Fnd has a twelve month low of $19.43 and a twelve month high of $23.45.

The business also recently announced a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, November 13th will be issued a dividend of $0.1641 per share. This represents a $1.97 annualized dividend and a yield of 8.97%. The ex-dividend date is Friday, November 10th.

Pimco Dynamic Credit and Mortgg Incm Fnd 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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