Natural Investments LLC Invests $195,000 in PIMCO Municipal Income Fund II (NYSE:PML)

Natural Investments LLC purchased a new position in PIMCO Municipal Income Fund II (NYSE:PML) in the fourth quarter, HoldingsChannel reports. The fund purchased 24,178 shares of the investment management company’s stock, valued at approximately $195,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC bought a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter worth about $88,000. Permanent Capital Management LP acquired a new position in PIMCO Municipal Income Fund II in the fourth quarter worth about $90,000. Wolverine Asset Management LLC bought a new stake in PIMCO Municipal Income Fund II in the fourth quarter valued at about $92,000. Noble Wealth Management PBC bought a new position in PIMCO Municipal Income Fund II during the 4th quarter worth approximately $105,000. Finally, Horizon Kinetics Asset Management LLC lifted its holdings in PIMCO Municipal Income Fund II by 55.0% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 23,325 shares of the investment management company’s stock worth $219,000 after buying an additional 8,275 shares during the last quarter.

PIMCO Municipal Income Fund II Trading Down 0.1 %

Shares of NYSE PML opened at $8.28 on Thursday. The business has a 50 day simple moving average of $8.37 and a 200-day simple moving average of $8.67. PIMCO Municipal Income Fund II has a twelve month low of $7.94 and a twelve month high of $9.52.

PIMCO Municipal Income Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.0395 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 5.73%.

About PIMCO Municipal Income Fund II

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.