Rockefeller Capital Management L.P. Lowers Position in PIMCO Municipal Income Fund II (NYSE:PML)

Rockefeller Capital Management L.P. trimmed its position in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 9.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,177 shares of the investment management company’s stock after selling 6,141 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in PIMCO Municipal Income Fund II were worth $537,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. TPG Advisors LLC acquired a new stake in PIMCO Municipal Income Fund II during the second quarter valued at $96,000. Stewardship Advisors LLC purchased a new stake in shares of PIMCO Municipal Income Fund II during the 3rd quarter worth about $103,000. International Assets Investment Management LLC grew its position in shares of PIMCO Municipal Income Fund II by 852.0% during the 3rd quarter. International Assets Investment Management LLC now owns 11,529 shares of the investment management company’s stock valued at $108,000 after acquiring an additional 10,318 shares during the period. All Season Financial Advisors Inc. purchased a new position in shares of PIMCO Municipal Income Fund II in the 2nd quarter valued at about $158,000. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of PIMCO Municipal Income Fund II by 6.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 21,166 shares of the investment management company’s stock valued at $181,000 after purchasing an additional 1,307 shares in the last quarter.

PIMCO Municipal Income Fund II Trading Down 0.5 %

Shares of PML stock opened at $8.72 on Tuesday. PIMCO Municipal Income Fund II has a 12-month low of $8.00 and a 12-month high of $9.52. The business’s 50 day moving average is $8.96 and its two-hundred day moving average is $8.78.

PIMCO Municipal Income Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, January 2nd. Investors of record on Thursday, December 12th will be paid a $0.0395 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.47 dividend on an annualized basis and a yield of 5.44%.

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.