Financial & Investment Management Group Ltd. Invests $198,000 in Pimco Municipal Income Fund II (PML) Stock

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Financial & Investment Management Group Ltd. acquired a new position in shares of Pimco Municipal Income Fund II (NYSE:PML) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,000 shares of the investment management company’s stock, valued at approximately $198,000.

Other large investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its stake in shares of Pimco Municipal Income Fund II by 4.6% in the 1st quarter. Wells Fargo & Company MN now owns 175,713 shares of the investment management company’s stock valued at $2,215,000 after purchasing an additional 7,742 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Pimco Municipal Income Fund II by 22.7% in the second quarter. Raymond James & Associates now owns 47,806 shares of the investment management company’s stock valued at $626,000 after purchasing an additional 8,854 shares during the last quarter. We Are One Seven LLC acquired a new stake in shares of Pimco Municipal Income Fund II in the third quarter valued at approximately $133,000. Allianz Life Insurance Co of North America acquired a new stake in shares of Pimco Municipal Income Fund II in the first quarter valued at approximately $106,000. Finally, Van ECK Associates Corp raised its holdings in shares of Pimco Municipal Income Fund II by 12.1% in the second quarter. Van ECK Associates Corp now owns 101,245 shares of the investment management company’s stock valued at $1,325,000 after purchasing an additional 10,914 shares during the last quarter.

PML traded up $0.01 during trading on Friday, reaching $12.71. 108,853 shares of the stock were exchanged, compared to its average volume of 133,634. Pimco Municipal Income Fund II has a twelve month low of $11.80 and a twelve month high of $13.56.

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Tuesday, November 13th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Friday, November 9th. This represents a $0.78 annualized dividend and a dividend yield of 6.14%.

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Pimco Municipal Income Fund II Profile

There is no company description available for PIMCO Municipal Income Fund II.

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Institutional Ownership by Quarter for Pimco Municipal Income Fund II (NYSE:PML)

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