PIMCO Municipal Income Fund II (NYSE:PML) Shares Acquired by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP increased its holdings in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 3.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 101,718 shares of the investment management company’s stock after acquiring an additional 3,667 shares during the period. Wakefield Asset Management LLLP’s holdings in PIMCO Municipal Income Fund II were worth $823,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kingsview Wealth Management LLC acquired a new stake in PIMCO Municipal Income Fund II in the fourth quarter valued at approximately $88,000. Atria Wealth Solutions Inc. lifted its position in shares of PIMCO Municipal Income Fund II by 76.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 72,991 shares of the investment management company’s stock valued at $590,000 after buying an additional 31,670 shares in the last quarter. International Assets Investment Management LLC grew its stake in PIMCO Municipal Income Fund II by 852.0% in the 3rd quarter. International Assets Investment Management LLC now owns 11,529 shares of the investment management company’s stock valued at $108,000 after acquiring an additional 10,318 shares during the period. Wealth Alliance Advisory Group LLC purchased a new stake in PIMCO Municipal Income Fund II in the 4th quarter worth $254,000. Finally, Wolverine Asset Management LLC acquired a new position in PIMCO Municipal Income Fund II during the fourth quarter worth $92,000.

PIMCO Municipal Income Fund II Stock Down 0.3 %

PML opened at $8.60 on Friday. The firm’s fifty day simple moving average is $8.28 and its two-hundred day simple moving average is $8.69. PIMCO Municipal Income Fund II has a 52-week low of $7.94 and a 52-week high of $9.52.

PIMCO Municipal Income Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.0395 per share. The ex-dividend date is Thursday, February 13th. This represents a $0.47 annualized dividend and a yield of 5.51%.

PIMCO Municipal Income Fund II Company 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.