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

Virtu Financial LLC purchased a new position in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,503 shares of the company’s stock, valued at approximately $45,000.

Several other institutional investors and hedge funds have also bought and sold shares of CIK. HighTower Advisors LLC purchased a new stake in shares of Credit Suisse Asset Management Income Fund during the third quarter valued at $34,000. Jane Street Group LLC purchased a new stake in Credit Suisse Asset Management Income Fund during the 3rd quarter valued at about $37,000. 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 valued at $66,000 after purchasing an additional 8,831 shares during the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of Credit Suisse Asset Management Income Fund by 20.2% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 54,489 shares of the company’s stock valued at $157,000 after purchasing an additional 9,150 shares during the period. Finally, Wolverine Asset Management LLC purchased a new position in shares of Credit Suisse Asset Management Income Fund in the fourth quarter worth about $253,000. 29.49% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Laura A. Defelice purchased 40,766 shares of the company’s stock in a transaction dated Tuesday, January 21st. The stock was acquired at an average cost of $2.92 per share, for a total transaction of $119,036.72. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 18.63% of the stock is currently owned by insiders.

Credit Suisse Asset Management Income Fund Trading Down 1.0 %

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

Credit Suisse Asset Management Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 17th were issued a $0.0225 dividend. This represents a $0.27 annualized dividend and a yield of 9.41%. The ex-dividend date of this dividend was Monday, March 17th.

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.