Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Get Free Report) shares traded down 1.2% during trading on Monday . The stock traded as low as $2.96 and last traded at $2.97. 1,003,068 shares traded hands during trading, an increase of 241% from the average session volume of 294,562 shares. The stock had previously closed at $3.00.
Credit Suisse Asset Management Income Fund Stock Performance
Institutional Investors Weigh In On Credit Suisse Asset Management Income Fund
Large investors have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. increased its holdings in shares of Credit Suisse Asset Management Income Fund by 14.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 26,905 shares of the company's stock valued at $80,000 after acquiring an additional 3,337 shares during the period. HighTower Advisors LLC purchased a new position in Credit Suisse Asset Management Income Fund in the third quarter valued at about $34,000. Jane Street Group LLC bought a new position in Credit Suisse Asset Management Income Fund in the third quarter worth about $37,000. Fortis Group Advisors LLC purchased a new stake in shares of Credit Suisse Asset Management Income Fund during the third quarter valued at about $39,000. Finally, IMS Capital Management boosted its holdings in shares of Credit Suisse Asset Management Income Fund by 63.3% in the 2nd quarter. IMS Capital Management now owns 194,581 shares of the company's stock valued at $597,000 after buying an additional 75,404 shares in the last quarter. Institutional investors own 29.49% of the company's stock.
Credit Suisse Asset Management Income Fund Company Profile
(
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Credit Suisse Asset Management Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in high yield corporate debt such as bonds and debentures that are rated Baa or lower by Moody's or BBB or lower by S&P.
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