Gill Capital Partners LLC Sells 350,759 Shares of PIMCO Municipal Income Fund II $PML

Gill Capital Partners LLC lowered its stake in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 59.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 243,515 shares of the investment management company’s stock after selling 350,759 shares during the quarter. Gill Capital Partners LLC’s holdings in PIMCO Municipal Income Fund II were worth $1,836,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of PML. Comerica Bank lifted its stake in PIMCO Municipal Income Fund II by 49.7% during the 1st 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 period. Focus Partners Wealth bought a new position in PIMCO Municipal Income Fund II during the 1st quarter valued at about $202,000. Jane Street Group LLC bought a new position in PIMCO Municipal Income Fund II during the 2nd quarter valued at about $101,000. Bank of America Corp DE lifted its stake in PIMCO Municipal Income Fund II by 23.8% during the 2nd quarter. Bank of America Corp DE now owns 107,431 shares of the investment management company’s stock valued at $800,000 after acquiring an additional 20,678 shares during the period. Finally, Balyasny Asset Management L.P. bought a new position in shares of PIMCO Municipal Income Fund II in the 2nd quarter worth approximately $768,000.

Insider Buying and Selling at PIMCO Municipal Income Fund II

In other PIMCO Municipal Income Fund II news, Director Sonya Morris acquired 5,000 shares of the stock in a transaction dated Wednesday, March 25th. The shares were purchased at an average price of $7.48 per share, for a total transaction of $37,400.00. Following the purchase, the director directly owned 5,000 shares of the company’s stock, valued at approximately $37,400. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. In the last quarter, insiders have purchased 5,745 shares of company stock valued at $42,908.

PIMCO Municipal Income Fund II Trading Down 0.1%

Shares of NYSE:PML opened at $7.52 on Monday. The firm’s 50 day moving average price is $7.50 and its 200-day moving average price is $7.62. PIMCO Municipal Income Fund II has a twelve month low of $7.10 and a twelve month high of $8.01.

PIMCO Municipal Income Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 11th will be paid a $0.0395 dividend. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Monday, May 11th.

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.