Virtu Financial LLC Invests $45,000 in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

Virtu Financial LLC bought a new stake in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,503 shares of the company’s stock, valued at approximately $45,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wolverine Asset Management LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund during the fourth quarter worth about $253,000. Atria Wealth Solutions Inc. grew its stake in Credit Suisse Asset Management Income Fund by 63.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 22,731 shares of the company’s stock worth $66,000 after buying an additional 8,831 shares during the last quarter. IMS Capital Management increased its position in Credit Suisse Asset Management Income Fund by 2.9% during the fourth quarter. IMS Capital Management now owns 201,321 shares of the company’s stock worth $582,000 after buying an additional 5,679 shares during the period. Dynamic Advisor Solutions LLC increased its position in Credit Suisse Asset Management Income Fund by 20.2% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 54,489 shares of the company’s stock worth $157,000 after buying an additional 9,150 shares during the period. Finally, Jane Street Group LLC purchased a new stake in Credit Suisse Asset Management Income Fund in the third quarter valued at approximately $37,000. 29.49% of the stock is currently owned by institutional investors and hedge funds.

Credit Suisse Asset Management Income Fund Price Performance

Shares of Credit Suisse Asset Management Income Fund stock opened at $2.87 on Wednesday. Credit Suisse Asset Management Income Fund, Inc. has a 12 month low of $2.82 and a 12 month high of $3.13.

Credit Suisse Asset Management Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 17th were given a dividend of $0.0225 per share. The ex-dividend date was Monday, March 17th. This represents a $0.27 dividend on an annualized basis and a yield of 9.41%.

Insiders Place Their Bets

In other news, insider Laura A. Defelice purchased 40,766 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was purchased at an average cost of $2.92 per share, with a total value of $119,036.72. Following the completion of the acquisition, the insider now directly owns 47,402 shares of the company’s stock, valued at approximately $138,413.84. This trade represents a 614.32 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 18.63% of the stock is owned by insiders.

Credit Suisse Asset Management Income Fund Company Profile

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.