22,147 Shares in PIMCO Municipal Income Fund II (NYSE:PML) Acquired by Jane Street Group LLC

Jane Street Group LLC bought a new position in PIMCO Municipal Income Fund II (NYSE:PML) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 22,147 shares of the investment management company’s stock, valued at approximately $179,000.

A number of other hedge funds also recently bought and sold shares of the company. OneDigital Investment Advisors LLC bought a new stake in PIMCO Municipal Income Fund II in the 4th quarter worth approximately $119,000. NewEdge Advisors LLC boosted its stake in shares of PIMCO Municipal Income Fund II by 11.3% during the fourth quarter. NewEdge Advisors LLC now owns 96,534 shares of the investment management company’s stock valued at $781,000 after purchasing an additional 9,830 shares during the period. Guggenheim Capital LLC boosted its stake in shares of PIMCO Municipal Income Fund II by 88.0% during the fourth quarter. Guggenheim Capital LLC now owns 711,202 shares of the investment management company’s stock valued at $5,754,000 after purchasing an additional 332,807 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of PIMCO Municipal Income Fund II during the fourth quarter valued at approximately $1,474,000. Finally, Wells Fargo & Company MN boosted its stake in shares of PIMCO Municipal Income Fund II by 12.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,058,647 shares of the investment management company’s stock valued at $8,564,000 after purchasing an additional 114,762 shares during the period.

PIMCO Municipal Income Fund II Price Performance

NYSE:PML opened at $7.37 on Friday. PIMCO Municipal Income Fund II has a fifty-two week low of $7.12 and a fifty-two week high of $9.52. The business has a 50 day moving average price of $7.57 and a 200-day moving average price of $8.08.

PIMCO Municipal Income Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 12th will be paid a dividend of $0.0395 per share. This represents a $0.47 dividend on an annualized basis and a dividend yield of 6.43%. The ex-dividend date is Thursday, June 12th.

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.