National Planning Corp increased its position in shares of Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) by 6.0% during the second quarter, Holdings Channel reports. The fund owned 101,011 shares of the company’s stock after buying an additional 5,758 shares during the period. National Planning Corp’s holdings in Pimco Dynamic Credit and Mortgg Incm Fnd were worth $2,268,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PCI. Harbour Capital Advisors LLC raised its position in Pimco Dynamic Credit and Mortgg Incm Fnd by 2,131.9% in the second quarter. Harbour Capital Advisors LLC now owns 12,298 shares of the company’s stock worth $551,000 after buying an additional 11,747 shares during the last quarter. Howland Capital Management LLC raised its position in Pimco Dynamic Credit and Mortgg Incm Fnd by 0.8% in the second quarter. Howland Capital Management LLC now owns 905,031 shares of the company’s stock worth $20,200,000 after buying an additional 6,985 shares during the last quarter. IFP Advisors Inc raised its position in Pimco Dynamic Credit and Mortgg Incm Fnd by 7.6% in the second quarter. IFP Advisors Inc now owns 83,294 shares of the company’s stock worth $1,859,000 after buying an additional 5,858 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in Pimco Dynamic Credit and Mortgg Incm Fnd by 5.5% in the second quarter. Stratos Wealth Partners LTD. now owns 29,783 shares of the company’s stock worth $665,000 after buying an additional 1,559 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its position in Pimco Dynamic Credit and Mortgg Incm Fnd by 26.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,540 shares of the company’s stock worth $101,000 after buying an additional 950 shares during the last quarter.

Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) opened at 22.47 on Thursday. The stock has a 50 day moving average price of $22.57 and a 200-day moving average price of $21.73. Pimco Dynamic Credit and Mortgg Incm Fnd has a 12-month low of $18.90 and a 12-month high of $23.17.

The business also recently declared a monthly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be issued a $0.1641 dividend. This represents a $1.97 annualized dividend and a dividend yield of 8.76%. The ex-dividend date of this dividend is Wednesday, August 9th.

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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.

Want to see what other hedge funds are holding PCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI).

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

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