Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Trading Up 0.6% – What’s Next?

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) rose 0.6% during trading on Thursday . The company traded as high as $13.39 and last traded at $13.38. Approximately 309,976 shares changed hands during trading, a decline of 47% from the average daily volume of 580,716 shares. The stock had previously closed at $13.30.

Pimco Dynamic Income Opportunities Fund Price Performance

The business’s 50-day moving average is $13.56 and its 200 day moving average is $13.62.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Friday, April 11th will be paid a $0.1279 dividend. This represents a $1.53 dividend on an annualized basis and a dividend yield of 11.47%. The ex-dividend date is Friday, April 11th. Pimco Dynamic Income Opportunities Fund’s payout ratio is presently -7,650.00%.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

Several institutional investors have recently bought and sold shares of the company. Wells Fargo & Company MN grew its position in Pimco Dynamic Income Opportunities Fund by 9.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,465,764 shares of the company’s stock valued at $33,510,000 after buying an additional 221,259 shares during the period. SOL Capital Management CO grew its stake in Pimco Dynamic Income Opportunities Fund by 5.9% in the 1st quarter. SOL Capital Management CO now owns 1,560,528 shares of the company’s stock worth $21,660,000 after acquiring an additional 86,722 shares in the last quarter. Cohen & Steers Inc. lifted its stake in Pimco Dynamic Income Opportunities Fund by 0.7% in the fourth quarter. Cohen & Steers Inc. now owns 1,363,662 shares of the company’s stock worth $18,532,000 after acquiring an additional 10,000 shares during the period. Invesco Ltd. boosted its holdings in shares of Pimco Dynamic Income Opportunities Fund by 1.3% in the 4th quarter. Invesco Ltd. now owns 880,818 shares of the company’s stock valued at $11,970,000 after buying an additional 11,317 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its stake in Pimco Dynamic Income Opportunities Fund by 17.7% in the 4th quarter. Guggenheim Capital LLC now owns 688,098 shares of the company’s stock worth $9,351,000 after purchasing an additional 103,246 shares in the last quarter. 9.43% of the stock is owned by hedge funds and other institutional investors.