Robinson Capital Management LLC raised its position in PIMCO New York Municipal Income Fund III (NYSE:PNI) by 40.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 104,712 shares of the company’s stock after buying an additional 30,277 shares during the period. Robinson Capital Management LLC’s holdings in PIMCO New York Municipal Income Fund III were worth $1,264,000 at the end of the most recent reporting period.

Separately, Family Management Corp acquired a new stake in PIMCO New York Municipal Income Fund III in the 3rd quarter worth about $174,000.

PNI stock traded up $0.04 during trading on Friday, hitting $12.28. The stock had a trading volume of 16,640 shares, compared to its average volume of 15,963. PIMCO New York Municipal Income Fund III has a twelve month low of $11.03 and a twelve month high of $12.60. The business’s 50-day moving average price is $12.22.

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 13th will be issued a $0.04 dividend. This represents a $0.48 annualized dividend and a yield of 3.91%. The ex-dividend date is Wednesday, February 12th.

PIMCO New York Municipal Income Fund III Profile

PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax.

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Institutional Ownership by Quarter for PIMCO New York Municipal Income Fund III (NYSE:PNI)

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