Pinnacle Bank purchased a new position in shares of PIMCO Municipal Income Fund II (NYSE:PML) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,190 shares of the investment management company’s stock, valued at approximately $60,000.

Several other hedge funds also recently bought and sold shares of the stock. Signaturefd LLC acquired a new stake in PIMCO Municipal Income Fund II in the third quarter valued at approximately $33,000. Bank of Montreal Can acquired a new stake in PIMCO Municipal Income Fund II in the second quarter valued at approximately $50,000. Thomasville National Bank acquired a new stake in PIMCO Municipal Income Fund II in the fourth quarter valued at approximately $170,000. Wiley BROS. Aintree Capital LLC lifted its stake in PIMCO Municipal Income Fund II by 5.3% in the third quarter. Wiley BROS. Aintree Capital LLC now owns 15,998 shares of the investment management company’s stock valued at $216,000 after acquiring an additional 800 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in PIMCO Municipal Income Fund II in the third quarter valued at approximately $282,000.

NYSE PML opened at $14.30 on Thursday. The company has a 50 day moving average price of $14.28 and a two-hundred day moving average price of $13.76. PIMCO Municipal Income Fund II has a 12-month low of $9.12 and a 12-month high of $15.61.

The company also recently declared a monthly dividend, which will be paid on Monday, February 1st. Stockholders of record on Thursday, January 14th will be given a $0.059 dividend. This represents a $0.71 dividend on an annualized basis and a dividend yield of 4.95%. The ex-dividend date is Wednesday, January 13th.

About PIMCO Municipal Income Fund II

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.

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Institutional Ownership by Quarter for PIMCO Municipal Income Fund II (NYSE:PML)

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