B. Riley Wealth Advisors Inc. lifted its holdings in shares of PIMCO Municipal Income Fund III (NYSE:PMX – Free Report) by 46.0% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,840 shares of the investment management company’s stock after buying an additional 7,830 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in PIMCO Municipal Income Fund III were worth $201,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Robinson Capital Management LLC bought a new stake in PIMCO Municipal Income Fund III during the 1st quarter worth $74,000. Cerity Partners LLC bought a new stake in PIMCO Municipal Income Fund III during the 1st quarter worth $83,000. Private Advisor Group LLC bought a new stake in PIMCO Municipal Income Fund III during the 1st quarter worth $111,000. Wolverine Asset Management LLC bought a new stake in PIMCO Municipal Income Fund III during the 1st quarter worth $112,000. Finally, Virtu Financial LLC bought a new stake in PIMCO Municipal Income Fund III during the 4th quarter worth $124,000.
PIMCO Municipal Income Fund III Stock Performance
Shares of PMX stock opened at $6.26 on Wednesday. PIMCO Municipal Income Fund III has a twelve month low of $6.15 and a twelve month high of $9.94. The stock’s fifty day simple moving average is $6.88 and its 200 day simple moving average is $7.57.
PIMCO Municipal Income Fund III Dividend Announcement
PIMCO Municipal Income Fund III Profile
PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in in municipal bonds that pay interest that is exempt from federal income tax.
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