Shares of Pcm Fund (NYSE:PCM - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.34 and traded as low as $6.33. Pcm Fund shares last traded at $6.35, with a volume of 86,227 shares trading hands.
Pcm Fund Stock Down 0.4%
The firm's 50 day moving average is $6.33 and its 200-day moving average is $6.33.
Pcm Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be paid a $0.0642 dividend. This represents a c) annualized dividend and a dividend yield of 12.2%. The ex-dividend date is Monday, August 11th.
Hedge Funds Weigh In On Pcm Fund
Large investors have recently made changes to their positions in the company. Landscape Capital Management L.L.C. acquired a new position in Pcm Fund during the first quarter worth $1,565,000. Arlington Capital Management Inc. purchased a new stake in shares of Pcm Fund in the first quarter valued at about $651,000. Ieq Capital LLC purchased a new stake in shares of Pcm Fund in the first quarter valued at about $591,000. Sovran Advisors LLC grew its holdings in shares of Pcm Fund by 47.1% in the first quarter. Sovran Advisors LLC now owns 84,712 shares of the investment management company's stock valued at $514,000 after purchasing an additional 27,128 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Pcm Fund in the fourth quarter valued at about $137,000. 10.26% of the stock is currently owned by institutional investors and hedge funds.
About Pcm Fund
(
Get Free Report)
PCM Fund Inc is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities.
Featured Articles
Before you consider Pcm Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pcm Fund wasn't on the list.
While Pcm Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
