Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Trading 0.2% Higher – Here’s What Happened

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) traded up 0.2% during mid-day trading on Tuesday . The company traded as high as $14.00 and last traded at $13.95. 401,350 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 623,804 shares. The stock had previously closed at $13.92.

Pimco Dynamic Income Opportunities Fund Stock Up 0.2 %

The stock has a 50 day simple moving average of $13.67 and a 200 day simple moving average of $13.71.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, February 13th will be given a dividend of $0.1279 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.53 dividend on an annualized basis and a yield of 11.01%. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio is currently -7,650.00%.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Several large investors have recently added to or reduced their stakes in PDO. Vivaldi Capital Management LP bought a new position in shares of Pimco Dynamic Income Opportunities Fund during the fourth quarter worth about $237,000. Cetera Investment Advisers boosted its stake in Pimco Dynamic Income Opportunities Fund by 14.3% during the 4th quarter. Cetera Investment Advisers now owns 95,186 shares of the company’s stock valued at $1,294,000 after purchasing an additional 11,877 shares during the period. Comerica Bank grew its position in Pimco Dynamic Income Opportunities Fund by 8.4% in the 4th quarter. Comerica Bank now owns 10,326 shares of the company’s stock worth $140,000 after purchasing an additional 800 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Pimco Dynamic Income Opportunities Fund by 5.0% in the fourth quarter. Stifel Financial Corp now owns 115,640 shares of the company’s stock valued at $1,572,000 after purchasing an additional 5,531 shares during the period. Finally, Shaker Financial Services LLC bought a new stake in shares of Pimco Dynamic Income Opportunities Fund during the fourth quarter valued at approximately $364,000. 9.43% of the stock is owned by institutional investors and hedge funds.