Fiera Capital Corp Has $4.64 Million Holdings in PIMCO Municipal Income Fund II $PML

Fiera Capital Corp trimmed its position in PIMCO Municipal Income Fund II (NYSE:PML) by 12.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 614,799 shares of the investment management company’s stock after selling 86,881 shares during the period. Fiera Capital Corp’s holdings in PIMCO Municipal Income Fund II were worth $4,636,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. bought a new stake in PIMCO Municipal Income Fund II in the third quarter valued at $5,026,000. GenTrust LLC bought a new position in shares of PIMCO Municipal Income Fund II during the third quarter valued at $4,133,000. Allspring Global Investments Holdings LLC boosted its stake in shares of PIMCO Municipal Income Fund II by 49.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 880,651 shares of the investment management company’s stock valued at $6,640,000 after purchasing an additional 290,269 shares in the last quarter. Wakefield Asset Management LLLP boosted its stake in shares of PIMCO Municipal Income Fund II by 103.4% in the 3rd quarter. Wakefield Asset Management LLLP now owns 213,025 shares of the investment management company’s stock valued at $1,686,000 after purchasing an additional 108,295 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of PIMCO Municipal Income Fund II by 47.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 700,827 shares of the investment management company’s stock worth $5,544,000 after purchasing an additional 226,712 shares during the last quarter.

PIMCO Municipal Income Fund II Trading Up 1.3%

Shares of PIMCO Municipal Income Fund II stock opened at $7.52 on Wednesday. PIMCO Municipal Income Fund II has a 12-month low of $7.10 and a 12-month high of $8.01. The company has a 50-day simple moving average of $7.51 and a 200 day simple moving average of $7.60.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th will be paid a $0.0395 dividend. The ex-dividend date is Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

Insider Activity

In other PIMCO Municipal Income Fund II news, Director Sonya Morris bought 5,000 shares of PIMCO Municipal Income Fund II stock in a transaction dated Wednesday, March 25th. The shares were acquired at an average cost of $7.48 per share, with a total value of $37,400.00. Following the acquisition, the director directly owned 5,000 shares of the company’s stock, valued at $37,400. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have purchased a total of 5,745 shares of company stock valued at $42,908 in the last three months.

PIMCO Municipal Income Fund II Company Profile

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.