Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Trading 0.1% Higher – Time to Buy?

Pimco Dynamic Income Opportunities Fund (NYSE:PDO)’s share price traded up 0.1% during trading on Tuesday . The company traded as high as $13.94 and last traded at $13.88. 419,160 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 543,514 shares. The stock had previously closed at $13.87.

Pimco Dynamic Income Opportunities Fund Stock Performance

The company has a 50 day moving average price of $13.83 and a two-hundred day moving average price of $13.76.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.1279 per share. This represents a $1.53 annualized dividend and a yield of 11.06%. The ex-dividend date is Thursday, March 13th. Pimco Dynamic Income Opportunities Fund’s payout ratio is -7,650.00%.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Several institutional investors have recently bought and sold shares of the company. Bank of New Hampshire lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 105.8% in the fourth quarter. Bank of New Hampshire now owns 3,725 shares of the company’s stock valued at $51,000 after acquiring an additional 1,915 shares in the last quarter. Noble Wealth Management PBC acquired a new position in Pimco Dynamic Income Opportunities Fund in the 4th quarter valued at $52,000. Spire Wealth Management acquired a new position in Pimco Dynamic Income Opportunities Fund in the 4th quarter valued at $60,000. Comerica Bank lifted its holdings in Pimco Dynamic Income Opportunities Fund by 8.4% in the 4th quarter. Comerica Bank now owns 10,326 shares of the company’s stock valued at $140,000 after purchasing an additional 800 shares in the last quarter. Finally, Hilltop Holdings Inc. acquired a new stake in Pimco Dynamic Income Opportunities Fund during the 3rd quarter worth $152,000. 9.43% of the stock is currently owned by institutional investors and hedge funds.