Nomura Holdings Inc. Acquires Shares of 32,781 PIMCO Municipal Income Fund II (NYSE:PML)

Nomura Holdings Inc. acquired a new stake in PIMCO Municipal Income Fund II (NYSE:PML) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 32,781 shares of the investment management company’s stock, valued at approximately $272,000.

Several other large investors also recently added to or reduced their stakes in PML. Gridiron Partners LLC bought a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter valued at about $4,503,000. Van ECK Associates Corp raised its holdings in shares of PIMCO Municipal Income Fund II by 62.2% in the 4th quarter. Van ECK Associates Corp now owns 427,109 shares of the investment management company’s stock valued at $3,545,000 after purchasing an additional 163,712 shares in the last quarter. Ackerman Capital Advisors LLC raised its holdings in shares of PIMCO Municipal Income Fund II by 225.2% in the 4th quarter. Ackerman Capital Advisors LLC now owns 164,156 shares of the investment management company’s stock valued at $1,362,000 after purchasing an additional 113,677 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC bought a new stake in shares of PIMCO Municipal Income Fund II in the 3rd quarter valued at about $777,000. Finally, Wakefield Asset Management LLLP bought a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter valued at about $738,000.

PIMCO Municipal Income Fund II Stock Performance

NYSE:PML opened at $8.49 on Friday. PIMCO Municipal Income Fund II has a one year low of $6.92 and a one year high of $9.45. The firm has a 50-day simple moving average of $8.40 and a 200-day simple moving average of $8.40.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 13th will be paid a dividend of $0.04 per share. The ex-dividend date is Thursday, June 13th. This represents a $0.48 annualized dividend and a dividend yield of 5.65%.

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.