Natural Investments LLC Invests $195,000 in PIMCO Municipal Income Fund II (NYSE:PML)

Natural Investments LLC purchased a new stake in PIMCO Municipal Income Fund II (NYSE:PML) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 24,178 shares of the investment management company’s stock, valued at approximately $195,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PML. Allen Mooney & Barnes Investment Advisors LLC raised its stake in shares of PIMCO Municipal Income Fund II by 1.7% in the 4th quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 106,447 shares of the investment management company’s stock valued at $861,000 after acquiring an additional 1,779 shares during the period. Koshinski Asset Management Inc. increased its holdings 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 purchasing an additional 3,400 shares in the last quarter. Wakefield Asset Management LLLP increased its holdings in PIMCO Municipal Income Fund II by 3.7% in the 4th quarter. Wakefield Asset Management LLLP now owns 101,718 shares of the investment management company’s stock valued at $823,000 after purchasing an additional 3,667 shares in the last quarter. Horizon Kinetics Asset Management LLC raised its position in PIMCO Municipal Income Fund II by 55.0% in the third quarter. Horizon Kinetics Asset Management LLC now owns 23,325 shares of the investment management company’s stock valued at $219,000 after purchasing an additional 8,275 shares during the period. Finally, Kingsview Wealth Management LLC acquired a new position in shares of PIMCO Municipal Income Fund II during the fourth quarter worth about $88,000.

PIMCO Municipal Income Fund II Stock Down 0.1 %

Shares of NYSE PML opened at $8.28 on Thursday. PIMCO Municipal Income Fund II has a 1-year low of $7.94 and a 1-year high of $9.52. The business has a 50-day moving average of $8.37 and a 200-day moving average of $8.67.

PIMCO Municipal Income Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Thursday, March 13th will be issued a $0.0395 dividend. This represents a $0.47 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date is Thursday, March 13th.

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.