Mathes Company Inc. decreased its holdings in Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) by 9.0% in the fourth quarter, HoldingsChannel reports. The firm owned 65,700 shares of the company’s stock after selling 6,500 shares during the quarter. Mathes Company Inc.’s holdings in Pimco Dynamic Credit and Mortgg Incm Fnd were worth $1,474,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. BKD Wealth Advisors LLC bought a new stake in shares of Pimco Dynamic Credit and Mortgg Incm Fnd in the 4th quarter worth $393,000. Bank of Montreal Can increased its holdings in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 3.0% in the 4th quarter. Bank of Montreal Can now owns 985,570 shares of the company’s stock worth $22,116,000 after purchasing an additional 28,620 shares in the last quarter. Sit Investment Associates Inc. increased its holdings in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 22.5% in the 4th quarter. Sit Investment Associates Inc. now owns 1,448,785 shares of the company’s stock worth $32,511,000 after purchasing an additional 266,044 shares in the last quarter. Belpointe Asset Management LLC bought a new stake in shares of Pimco Dynamic Credit and Mortgg Incm Fnd in the 3rd quarter worth $243,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 18.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 23,846 shares of the company’s stock worth $550,000 after purchasing an additional 3,678 shares in the last quarter.

Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE PCI) traded up $0.01 during trading on Friday, hitting $22.21. The company’s stock had a trading volume of 620,386 shares, compared to its average volume of 567,692. Pimco Dynamic Credit and Mortgg Incm Fnd has a twelve month low of $20.37 and a twelve month high of $23.45.

The firm 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 dividend on an annualized basis and a dividend yield of 8.86%. The ex-dividend date is Thursday, January 11th.

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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.

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

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