Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) Position Raised by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC increased its stake in shares of Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 81,517 shares of the company’s stock after buying an additional 1,796 shares during the period. Pimco Dynamic Credit and Mortgg Incm Fnd accounts for about 0.6% of Jaffetilchin Investment Partners LLC’s portfolio, making the stock its 29th largest position. Jaffetilchin Investment Partners LLC owned 0.06% of Pimco Dynamic Credit and Mortgg Incm Fnd worth $1,819,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Howland Capital Management LLC increased 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 valued at $20,200,000 after buying an additional 6,985 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased 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 valued at $101,000 after buying an additional 950 shares during the last quarter. Harbour Capital Advisors LLC increased 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 valued at $551,000 after buying an additional 11,747 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Pimco Dynamic Credit and Mortgg Incm Fnd by 0.6% in the second quarter. Janney Montgomery Scott LLC now owns 20,168 shares of the company’s stock valued at $450,000 after buying an additional 114 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased 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 valued at $665,000 after buying an additional 1,559 shares during the last quarter.

Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) opened at 22.52 on Tuesday. The firm’s 50-day moving average is $22.58 and its 200 day moving average is $21.77. Pimco Dynamic Credit and Mortgg Incm Fnd has a 12-month low of $18.90 and a 12-month high of $23.17.

The company also recently announced a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be issued a $0.1641 dividend. The ex-dividend date is Wednesday, August 9th. This represents a $1.97 dividend on an annualized basis and a yield of 8.75%.

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About Pimco Dynamic Credit and Mortgg Incm Fnd

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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