Raymond James Financial Services Advisors Inc. lessened its holdings in PIMCO Municipal Income Fund II (NYSE:PML – Free Report) by 18.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,610 shares of the investment management company’s stock after selling 5,493 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in PIMCO Municipal Income Fund II were worth $204,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Avior Wealth Management LLC purchased a new stake in PIMCO Municipal Income Fund II during the third quarter valued at about $30,000. Wolverine Asset Management LLC purchased a new stake in PIMCO Municipal Income Fund II during the third quarter valued at about $65,000. Valeo Financial Advisors LLC purchased a new stake in PIMCO Municipal Income Fund II during the third quarter valued at about $112,000. Atria Wealth Solutions Inc. raised its position in PIMCO Municipal Income Fund II by 14.8% during the third quarter. Atria Wealth Solutions Inc. now owns 15,044 shares of the investment management company’s stock valued at $116,000 after purchasing an additional 1,944 shares in the last quarter. Finally, Simon Quick Advisors LLC purchased a new stake in PIMCO Municipal Income Fund II during the third quarter valued at about $168,000.
PIMCO Municipal Income Fund II Trading Down 0.6 %
PML opened at $8.15 on Thursday. The business’s 50-day moving average price is $8.45 and its 200-day moving average price is $8.16. PIMCO Municipal Income Fund II has a 12 month low of $6.92 and a 12 month high of $9.45.
PIMCO Municipal Income Fund II Announces Dividend
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.
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