Fiera Capital Corp Sells 9,252 Shares of PIMCO Municipal Income Fund II (NYSE:PML)

Fiera Capital Corp cut its stake in PIMCO Municipal Income Fund II (NYSE:PML) by 2.4% in the third quarter, HoldingsChannel.com reports. The fund owned 374,718 shares of the investment management company’s stock after selling 9,252 shares during the period. Fiera Capital Corp’s holdings in PIMCO Municipal Income Fund II were worth $3,519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Hennion & Walsh Asset Management Inc. bought a new position in PIMCO Municipal Income Fund II in the second quarter valued at about $3,424,000. Cetera Investment Advisers lifted its stake in shares of PIMCO Municipal Income Fund II by 375.7% in the 1st quarter. Cetera Investment Advisers now owns 199,905 shares of the investment management company’s stock worth $1,699,000 after purchasing an additional 157,882 shares during the period. Parallel Advisors LLC bought a new position in shares of PIMCO Municipal Income Fund II in the 2nd quarter worth approximately $909,000. Koshinski Asset Management Inc. boosted its holdings in shares of PIMCO Municipal Income Fund II by 95.1% in the third quarter. Koshinski Asset Management Inc. now owns 93,995 shares of the investment management company’s stock worth $883,000 after buying an additional 45,825 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new stake in PIMCO Municipal Income Fund II during the third quarter valued at approximately $376,000.

PIMCO Municipal Income Fund II Trading Up 1.5 %

PML opened at $9.09 on Friday. The firm’s 50 day simple moving average is $9.09 and its two-hundred day simple moving average is $8.71. PIMCO Municipal Income Fund II has a 1-year low of $7.60 and a 1-year high of $9.52.

PIMCO Municipal Income Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Tuesday, November 12th will be given a dividend of $0.0395 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.47 annualized dividend and a yield of 5.21%.

PIMCO Municipal Income Fund II Profile

PIMCO Municipal Income Fund II 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 invests in fixed income markets. The fund invests in stocks of companies operating across diversified sectors.