Landscape Capital Management L.L.C. acquired a new stake in shares of Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 141,495 shares of the company's stock, valued at approximately $409,000. Landscape Capital Management L.L.C. owned about 0.27% of Credit Suisse Asset Management Income Fund as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of CIK. LPL Financial LLC grew its position in shares of Credit Suisse Asset Management Income Fund by 8.8% during the fourth quarter. LPL Financial LLC now owns 1,624,704 shares of the company's stock worth $4,695,000 after acquiring an additional 131,598 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in Credit Suisse Asset Management Income Fund during the 4th quarter valued at about $253,000. Virtu Financial LLC bought a new position in Credit Suisse Asset Management Income Fund in the 4th quarter worth about $45,000. Jane Street Group LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund in the third quarter valued at approximately $37,000. Finally, HighTower Advisors LLC bought a new stake in shares of Credit Suisse Asset Management Income Fund during the third quarter valued at approximately $34,000. Institutional investors and hedge funds own 29.49% of the company's stock.
Credit Suisse Asset Management Income Fund Price Performance
CIK stock traded up $0.04 on Friday, reaching $2.71. The company's stock had a trading volume of 350,394 shares, compared to its average volume of 460,020. Credit Suisse Asset Management Income Fund, Inc. has a 52 week low of $2.56 and a 52 week high of $3.13.
Credit Suisse Asset Management Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.0225 per share. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.96%. The ex-dividend date of this dividend is Tuesday, April 15th.
Insider Activity
In other news, insider Laura A. Defelice acquired 40,766 shares of the company's stock in a transaction dated Tuesday, January 21st. The shares were bought at an average price of $2.92 per share, with a total value of $119,036.72. Following the purchase, the insider now owns 47,402 shares of the company's stock, valued at approximately $138,413.84. This represents a 614.32 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 18.63% of the company's stock.
About Credit Suisse Asset Management Income Fund
(
Free Report)
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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