Wolverine Asset Management LLC Has $31,000 Stock Holdings in PIMCO Municipal Income Fund II (NYSE:PML)

Wolverine Asset Management LLC lessened its position in PIMCO Municipal Income Fund II (NYSE:PML – Free Report) by 70.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,266 shares of the investment management company’s stock after selling 7,938 shares during the period. Wolverine Asset Management LLC’s holdings in PIMCO Municipal Income Fund II were worth $31,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Moors & Cabot Inc. lifted its position in PIMCO Municipal Income Fund II by 7.1% during the 1st quarter. Moors & Cabot Inc. now owns 15,000 shares of the investment management company’s stock worth $173,000 after buying an additional 1,000 shares in the last quarter. Raymond James & Associates raised its holdings in PIMCO Municipal Income Fund II by 1.4% during the 1st quarter. Raymond James & Associates now owns 83,916 shares of the investment management company’s stock worth $788,000 after purchasing an additional 1,183 shares during the last quarter. DAVENPORT & Co LLC raised its holdings in PIMCO Municipal Income Fund II by 26.3% during the 1st quarter. DAVENPORT & Co LLC now owns 16,909 shares of the investment management company’s stock worth $159,000 after purchasing an additional 3,521 shares during the last quarter. Cerity Partners LLC raised its holdings in PIMCO Municipal Income Fund II by 22.0% during the 4th quarter. Cerity Partners LLC now owns 20,208 shares of the investment management company’s stock worth $183,000 after purchasing an additional 3,647 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in PIMCO Municipal Income Fund II by 16.2% during the 1st quarter. NewEdge Advisors LLC now owns 30,199 shares of the investment management company’s stock worth $347,000 after purchasing an additional 4,200 shares during the last quarter.

Get PIMCO Municipal Income Fund II alerts:

PIMCO Municipal Income Fund II Price Performance

Shares of NYSE:PML opened at $8.88 on Thursday. PIMCO Municipal Income Fund II has a 1-year low of $8.55 and a 1-year high of $11.75. The business has a 50-day moving average price of $9.06 and a two-hundred day moving average price of $9.12.

PIMCO Municipal Income Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be issued a dividend of $0.0395 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.47 annualized dividend and a yield of 5.34%.

PIMCO Municipal Income Fund II Profile

(Free Report)

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.

Read More

• Five stocks we like better than PIMCO Municipal Income Fund II
• Stock Splits, Do They Really Impact Investors?
• 3 Ways to Play the Upcoming NFL Season
• How Investors Can Identify and Successfully Trade Gap-Down Stocks
• The TJX Companies: Offprice Retail Hits its Stride in Q2
• Stocks in the Dow: About the Dow Jones Industrial Average (DJIA)
• Target Misses The Mark: Is It Too Late To Sell?

Receive News & Ratings for PIMCO Municipal Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Municipal Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.