Wagner Wealth Management LLC Buys 813,093 Shares of PIMCO Municipal Income Fund II $PML

Wagner Wealth Management LLC increased its stake in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 506.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 973,505 shares of the investment management company’s stock after purchasing an additional 813,093 shares during the quarter. PIMCO Municipal Income Fund II comprises about 1.6% of Wagner Wealth Management LLC’s portfolio, making the stock its 18th biggest position. Wagner Wealth Management LLC’s holdings in PIMCO Municipal Income Fund II were worth $7,340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the stock. Comerica Bank boosted its stake in PIMCO Municipal Income Fund II by 49.7% in the first quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock valued at $35,000 after acquiring an additional 1,446 shares during the last quarter. RFG Advisory LLC boosted its stake in PIMCO Municipal Income Fund II by 13.5% in the third quarter. RFG Advisory LLC now owns 17,002 shares of the investment management company’s stock valued at $134,000 after acquiring an additional 2,026 shares during the last quarter. Novem Group boosted its stake in PIMCO Municipal Income Fund II by 6.5% in the fourth quarter. Novem Group now owns 34,233 shares of the investment management company’s stock valued at $258,000 after acquiring an additional 2,098 shares during the last quarter. Koshinski Asset Management Inc. boosted its stake in PIMCO Municipal Income Fund II by 1.7% in the third quarter. Koshinski Asset Management Inc. now owns 144,234 shares of the investment management company’s stock valued at $1,141,000 after acquiring an additional 2,359 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in PIMCO Municipal Income Fund II by 1.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 220,053 shares of the investment management company’s stock valued at $1,670,000 after acquiring an additional 2,390 shares during the last quarter.

PIMCO Municipal Income Fund II Stock Down 0.3%

Shares of PML stock opened at $7.46 on Thursday. PIMCO Municipal Income Fund II has a 52-week low of $7.10 and a 52-week high of $8.01. The firm’s 50 day moving average price is $7.61 and its two-hundred day moving average price is $7.68.

PIMCO Municipal Income Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 1st. Shareholders of record on Monday, April 13th will be paid a $0.0395 dividend. The ex-dividend date of this dividend is Monday, April 13th. This represents a c) dividend on an annualized basis and a yield of 6.4%.

Insider Transactions at PIMCO Municipal Income Fund II

In other PIMCO Municipal Income Fund II news, Director Sonya Morris acquired 5,000 shares of PIMCO Municipal Income Fund II stock in a transaction on Wednesday, March 25th. The shares were purchased at an average cost of $7.48 per share, with a total value of $37,400.00. Following the completion of the purchase, the director owned 5,000 shares in the company, valued at $37,400. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

PIMCO Municipal Income Fund II 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.