Country Trust Bank Has $781,000 Position in Pimco Dynamic Credit and Mortgg Incm Fnd (PCI)

Country Trust Bank continued to hold its stake in shares of Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 35,000 shares of the company’s stock at the end of the second quarter. Country Trust Bank’s holdings in Pimco Dynamic Credit and Mortgg Incm Fnd were worth $781,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Janney Montgomery Scott LLC boosted 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 period. Benjamin F. Edwards & Company Inc. boosted 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 period. Howland Capital Management LLC boosted 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 period. Finally, Harbour Capital Advisors LLC boosted 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 period.

Shares of Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE PCI) opened at 22.10 on Friday. Pimco Dynamic Credit and Mortgg Incm Fnd has a 52-week low of $18.90 and a 52-week high of $23.17. The company’s 50 day moving average price is $22.58 and its 200 day moving average price is $21.80.

The firm 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. This represents a $1.97 dividend on an annualized basis and a dividend yield of 8.91%. The ex-dividend date is Wednesday, August 9th.

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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.

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

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