LPL Financial LLC Sells 41,542 Shares of Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

LPL Financial LLC cut its stake in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK – Get Rating) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,306,827 shares of the company’s stock after selling 41,542 shares during the period. LPL Financial LLC owned about 2.50% of Credit Suisse Asset Management Income Fund worth $3,293,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Virtu Financial LLC bought a new position in shares of Credit Suisse Asset Management Income Fund in the second quarter worth about $32,000. Astoria Portfolio Advisors LLC. purchased a new stake in Credit Suisse Asset Management Income Fund in the fourth quarter worth about $36,000. Atria Wealth Solutions Inc. purchased a new stake in Credit Suisse Asset Management Income Fund in the first quarter worth about $73,000. Nomura Holdings Inc. purchased a new stake in Credit Suisse Asset Management Income Fund in the second quarter worth about $82,000. Finally, Advisor Group Holdings Inc. lifted its stake in Credit Suisse Asset Management Income Fund by 118.7% in the first quarter. Advisor Group Holdings Inc. now owns 35,142 shares of the company’s stock worth $107,000 after acquiring an additional 19,076 shares during the period. 7.80% of the stock is currently owned by institutional investors.

Credit Suisse Asset Management Income Fund Stock Up 0.8 %

NYSEAMERICAN:CIK opened at $2.69 on Friday. Credit Suisse Asset Management Income Fund, Inc. has a 1-year low of $2.39 and a 1-year high of $3.01.

Credit Suisse Asset Management Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, May 22nd. Investors of record on Tuesday, May 16th will be paid a $0.0225 dividend. This represents a $0.27 dividend on an annualized basis and a yield of 10.06%. The ex-dividend date of this dividend is Monday, May 15th.

Credit Suisse Asset Management Income Fund Company Profile

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Credit Suisse Asset Management Income Fund, Inc is a closed-ended fund, which engages in investing in the fixed income markets and companies operating across diversified industries. It seeks current income consistent with the preservation of capital by investing primarily in fixed-income securities. The company was founded on February 11, 1987 and is headquartered in New York, NY.