Comerica Securities Inc. raised its holdings in shares of Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) by 5.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 357,243 shares of the company’s stock after purchasing an additional 19,589 shares during the quarter. Pimco Dynamic Credit and Mortgg Incm Fnd accounts for 1.2% of Comerica Securities Inc.’s portfolio, making the stock its 11th largest position. Comerica Securities Inc. owned 0.26% of Pimco Dynamic Credit and Mortgg Incm Fnd worth $8,032,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. grew its stake 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 valued at $101,000 after purchasing an additional 950 shares in the last quarter. Parkside Investments LLC acquired a new stake in Pimco Dynamic Credit and Mortgg Incm Fnd during the 2nd quarter valued at approximately $223,000. Karp Capital Management Corp acquired a new stake in Pimco Dynamic Credit and Mortgg Incm Fnd during the 2nd quarter valued at approximately $354,000. Janney Montgomery Scott LLC grew its stake in Pimco Dynamic Credit and Mortgg Incm Fnd by 0.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 20,168 shares of the company’s stock valued at $450,000 after purchasing an additional 114 shares in the last quarter. Finally, Harbour Capital Advisors LLC grew its stake in Pimco Dynamic Credit and Mortgg Incm Fnd by 2,131.9% during the 2nd quarter. Harbour Capital Advisors LLC now owns 12,298 shares of the company’s stock valued at $551,000 after purchasing an additional 11,747 shares in the last quarter.

Shares of Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) traded up 0.1513% during midday trading on Thursday, reaching $22.6442. The company’s stock had a trading volume of 66,837 shares. The stock’s 50-day moving average is $22.60 and its 200 day moving average is $22.02. 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 Monday, October 2nd. Shareholders of record on Monday, September 11th will be given a $0.1641 dividend. The ex-dividend date of this dividend is Friday, September 8th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 8.71%.

COPYRIGHT VIOLATION WARNING: “Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) Holdings Raised by Comerica Securities Inc.” was published by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright law. The original version of this news story can be viewed at https://www.dailypolitical.com/2017/09/14/pimco-dynamic-credit-and-mortgg-incm-fnd-pci-holdings-raised-by-comerica-securities-inc.html.

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)

Receive News & Ratings for Pimco Dynamic Credit and Mortgg Incm Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Dynamic Credit and Mortgg Incm Fnd and related companies with MarketBeat.com's FREE daily email newsletter.