Sunbelt Securities Inc. Purchases 2,225 Shares of PIMCO Dynamic Credit (PCI)

Sunbelt Securities Inc. raised its position in PIMCO Dynamic Credit (NYSE:PCI) by 9.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,670 shares of the company’s stock after acquiring an additional 2,225 shares during the quarter. Sunbelt Securities Inc.’s holdings in PIMCO Dynamic Credit were worth $587,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of PCI. Calton & Associates Inc. bought a new position in shares of PIMCO Dynamic Credit in the fourth quarter worth about $107,000. Webster Bank N. A. bought a new position in shares of PIMCO Dynamic Credit in the fourth quarter worth about $168,000. Icon Wealth Partners LLC bought a new position in shares of PIMCO Dynamic Credit in the fourth quarter worth about $174,000. Two Sigma Securities LLC bought a new position in shares of PIMCO Dynamic Credit in the fourth quarter worth about $204,000. Finally, Mutual Advisors LLC bought a new position in shares of PIMCO Dynamic Credit in the fourth quarter worth about $260,000.

NYSE PCI opened at $23.05 on Monday. PIMCO Dynamic Credit has a 52 week low of $21.61 and a 52 week high of $23.53.

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 1st. Stockholders of record on Friday, May 11th will be paid a $0.1641 dividend. This represents a $1.97 annualized dividend and a dividend yield of 8.54%. The ex-dividend date is Thursday, May 10th.

About PIMCO Dynamic Credit

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 (NYSE:PCI)

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