HighTower Advisors LLC Buys New Stake in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK)

HighTower Advisors LLC acquired a new stake in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,000 shares of the company’s stock, valued at approximately $34,000.

Several other institutional investors also recently bought and sold shares of CIK. Fortis Group Advisors LLC acquired a new position in Credit Suisse Asset Management Income Fund in the third quarter valued at $39,000. B. Riley Wealth Advisors Inc. boosted its holdings in Credit Suisse Asset Management Income Fund by 14.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 26,905 shares of the company’s stock valued at $80,000 after purchasing an additional 3,337 shares during the last quarter. Fiera Capital Corp boosted its stake in shares of Credit Suisse Asset Management Income Fund by 555.2% during the 3rd quarter. Fiera Capital Corp now owns 166,450 shares of the company’s stock valued at $514,000 after buying an additional 141,044 shares during the last quarter. Finally, IMS Capital Management grew its holdings in Credit Suisse Asset Management Income Fund by 63.3% during the 2nd quarter. IMS Capital Management now owns 194,581 shares of the company’s stock worth $597,000 after acquiring an additional 75,404 shares in the last quarter. 29.49% of the stock is currently owned by institutional investors and hedge funds.

Credit Suisse Asset Management Income Fund Trading Up 0.7 %

Shares of Credit Suisse Asset Management Income Fund stock opened at $2.92 on Friday. Credit Suisse Asset Management Income Fund, Inc. has a fifty-two week low of $2.82 and a fifty-two week high of $3.19.

Credit Suisse Asset Management Income Fund 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.