Atria Wealth Solutions Inc. Boosts Stock Position in PIMCO Municipal Income Fund II (NYSE:PML)

Atria Wealth Solutions Inc. boosted its position in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 76.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 72,991 shares of the investment management company’s stock after purchasing an additional 31,670 shares during the period. Atria Wealth Solutions Inc.’s holdings in PIMCO Municipal Income Fund II were worth $590,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PML. Hennion & Walsh Asset Management Inc. lifted its position in shares of PIMCO Municipal Income Fund II by 89.2% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,231,738 shares of the investment management company’s stock worth $9,965,000 after purchasing an additional 580,662 shares in the last quarter. Van ECK Associates Corp increased its stake in PIMCO Municipal Income Fund II by 9.0% during the 3rd quarter. Van ECK Associates Corp now owns 315,741 shares of the investment management company’s stock worth $2,835,000 after buying an additional 25,956 shares during the period. Allen Mooney & Barnes Investment Advisors LLC lifted its holdings in PIMCO Municipal Income Fund II by 1.7% during the 4th quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 106,447 shares of the investment management company’s stock worth $861,000 after buying an additional 1,779 shares in the last quarter. Koshinski Asset Management Inc. boosted its position in PIMCO Municipal Income Fund II by 3.6% in the 4th quarter. Koshinski Asset Management Inc. now owns 97,395 shares of the investment management company’s stock valued at $788,000 after buying an additional 3,400 shares during the period. Finally, Wealth Alliance Advisory Group LLC acquired a new position in shares of PIMCO Municipal Income Fund II in the fourth quarter worth $254,000.

PIMCO Municipal Income Fund II Stock Up 0.3 %

PIMCO Municipal Income Fund II stock opened at $8.63 on Thursday. The stock’s fifty day simple moving average is $8.27 and its 200-day simple moving average is $8.69. 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 Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.0395 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.47 annualized dividend and a yield of 5.50%.

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.