Cetera Investment Advisers Buys 6,749 Shares of PIMCO Municipal Income Fund II (NYSE:PML)

Cetera Investment Advisers raised its stake in PIMCO Municipal Income Fund II (NYSE:PML) by 3.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 206,654 shares of the investment management company’s stock after buying an additional 6,749 shares during the period. Cetera Investment Advisers’ holdings in PIMCO Municipal Income Fund II were worth $1,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wakefield Asset Management LLLP raised its stake in shares of PIMCO Municipal Income Fund II by 1.2% during the second quarter. Wakefield Asset Management LLLP now owns 96,565 shares of the investment management company’s stock valued at $824,000 after acquiring an additional 1,176 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of PIMCO Municipal Income Fund II by 6.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 21,166 shares of the investment management company’s stock valued at $181,000 after acquiring an additional 1,307 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of PIMCO Municipal Income Fund II by 1.1% during the second quarter. Park Avenue Securities LLC now owns 143,409 shares of the investment management company’s stock valued at $1,223,000 after acquiring an additional 1,519 shares in the last quarter. Integrated Capital Management Inc. raised its stake in shares of PIMCO Municipal Income Fund II by 9.3% during the first quarter. Integrated Capital Management Inc. now owns 22,701 shares of the investment management company’s stock valued at $193,000 after acquiring an additional 1,940 shares in the last quarter. Finally, Maltin Wealth Management Inc. raised its stake in shares of PIMCO Municipal Income Fund II by 7.7% during the first quarter. Maltin Wealth Management Inc. now owns 32,320 shares of the investment management company’s stock valued at $275,000 after acquiring an additional 2,320 shares in the last quarter.

PIMCO Municipal Income Fund II Stock Down 0.4 %

PIMCO Municipal Income Fund II stock opened at $9.11 on Tuesday. The company has a 50 day moving average price of $8.96 and a 200-day moving average price of $8.63. PIMCO Municipal Income Fund II has a fifty-two week low of $6.92 and a fifty-two week high of $9.52.

PIMCO Municipal Income Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 11th will be issued a $0.0395 dividend. The ex-dividend date is Friday, October 11th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 5.20%.

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.