Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) Shares Sold by Synovus Financial Corp

Synovus Financial Corp lowered its holdings in shares of Pimco Dynamic Credit and Mortgg Incm Fnd (NYSE:PCI) by 61.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,769 shares of the company’s stock after selling 36,157 shares during the period. Synovus Financial Corp’s holdings in Pimco Dynamic Credit and Mortgg Incm Fnd were worth $527,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. FTB Advisors Inc. raised its holdings in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 39.2% during the 2nd quarter. FTB Advisors Inc. now owns 8,575 shares of the company’s stock worth $192,000 after buying an additional 2,416 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of Pimco Dynamic Credit and Mortgg Incm Fnd during the 2nd quarter worth $210,000. Parkside Investments LLC acquired a new position in shares of Pimco Dynamic Credit and Mortgg Incm Fnd during the 2nd quarter worth $223,000. MML Investors Services LLC raised its holdings in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 15.9% during the 2nd quarter. MML Investors Services LLC now owns 12,011 shares of the company’s stock worth $268,000 after buying an additional 1,649 shares in the last quarter. Finally, First Allied Advisory Services Inc. raised its holdings in shares of Pimco Dynamic Credit and Mortgg Incm Fnd by 24.8% during the 2nd quarter. First Allied Advisory Services Inc. now owns 12,215 shares of the company’s stock worth $274,000 after buying an additional 2,428 shares in the last quarter.

Pimco Dynamic Credit and Mortgg Incm Fnd (PCI) remained flat at $$22.59 during trading on Friday. The company’s stock had a trading volume of 383,728 shares, compared to its average volume of 583,550. Pimco Dynamic Credit and Mortgg Incm Fnd has a fifty-two week low of $19.81 and a fifty-two week high of $23.45.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 11th will be issued a dividend of $0.1641 per share. The ex-dividend date of this dividend is Friday, December 8th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 8.72%.

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Pimco Dynamic Credit and Mortgg Incm Fnd 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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