Citadel Advisors LLC Makes New Investment in PIMCO California Municipal Income Fund II (NYSE:PCK)

Citadel Advisors LLC acquired a new position in PIMCO California Municipal Income Fund II (NYSE:PCK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,120 shares of the closed-end fund’s stock, valued at approximately $75,000.

Several other institutional investors have also recently modified their holdings of the company. Almitas Capital LLC acquired a new stake in shares of PIMCO California Municipal Income Fund II during the fourth quarter worth about $59,000. Virtu Financial LLC acquired a new stake in shares of PIMCO California Municipal Income Fund II during the fourth quarter worth about $70,000. Two Sigma Securities LLC acquired a new stake in shares of PIMCO California Municipal Income Fund II during the fourth quarter worth about $81,000. Abound Financial LLC acquired a new stake in shares of PIMCO California Municipal Income Fund II during the fourth quarter worth about $113,000. Finally, Blue Bell Private Wealth Management LLC lifted its holdings in shares of PIMCO California Municipal Income Fund II by 59.4% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 34,963 shares of the closed-end fund’s stock worth $200,000 after purchasing an additional 13,033 shares during the period.

PIMCO California Municipal Income Fund II Stock Up 0.1%

PIMCO California Municipal Income Fund II stock opened at $5.33 on Wednesday. PIMCO California Municipal Income Fund II has a 52 week low of $5.18 and a 52 week high of $6.34. The stock has a 50-day moving average price of $5.43 and a 200 day moving average price of $5.67.

PIMCO California Municipal Income Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Thursday, June 12th will be issued a dividend of $0.0215 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.85%. The ex-dividend date is Thursday, June 12th.

PIMCO California Municipal Income Fund II Company Profile

PIMCO California Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of United States. It seeks to invest in stocks of companies operating across diversified sectors.