Raymond James Financial Services Advisors Inc. Has $204,000 Stock Holdings in PIMCO Municipal Income Fund II (NYSE:PML)

Raymond James Financial Services Advisors Inc. cut its stake in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 18.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,610 shares of the investment management company’s stock after selling 5,493 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in PIMCO Municipal Income Fund II were worth $204,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of PML. Fiera Capital Corp lifted its position in shares of PIMCO Municipal Income Fund II by 2.5% in the third quarter. Fiera Capital Corp now owns 988,696 shares of the investment management company’s stock valued at $7,603,000 after buying an additional 24,209 shares during the last quarter. Ellis Investment Partners LLC increased its stake in shares of PIMCO Municipal Income Fund II by 12.2% during the third quarter. Ellis Investment Partners LLC now owns 496,313 shares of the investment management company’s stock worth $3,817,000 after purchasing an additional 53,828 shares during the period. Stifel Financial Corp increased its stake in shares of PIMCO Municipal Income Fund II by 4.4% during the third quarter. Stifel Financial Corp now owns 304,027 shares of the investment management company’s stock worth $2,338,000 after purchasing an additional 12,819 shares during the period. Van ECK Associates Corp increased its stake in shares of PIMCO Municipal Income Fund II by 7.8% during the third quarter. Van ECK Associates Corp now owns 263,397 shares of the investment management company’s stock worth $2,026,000 after purchasing an additional 19,147 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of PIMCO Municipal Income Fund II by 9.3% during the third quarter. HighTower Advisors LLC now owns 140,714 shares of the investment management company’s stock worth $1,082,000 after purchasing an additional 11,950 shares during the period.

PIMCO Municipal Income Fund II Trading Down 0.6 %

Shares of NYSE PML opened at $8.15 on Thursday. PIMCO Municipal Income Fund II has a 1-year low of $6.92 and a 1-year high of $9.45. The business’s 50 day moving average is $8.45 and its 200-day moving average is $8.16.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Thursday, April 11th will be paid a dividend of $0.0395 per share. The ex-dividend date is Wednesday, April 10th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 5.82%.

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.