Pimco CA Muni. Income Fund II (NYSE:PCK) Share Price Crosses Above Two Hundred Day Moving Average of $0.00

Pimco CA Muni. Income Fund II (NYSE:PCK)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $9.55. Pimco CA Muni. Income Fund II shares last traded at $9.54, with a volume of 18,739 shares changing hands.

The firm’s 50-day moving average price is $9.42.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 13th will be given a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend is Wednesday, June 12th.

A number of hedge funds and other institutional investors have recently bought and sold shares of PCK. Morgan Stanley grew its position in Pimco CA Muni. Income Fund II by 39.8% in the 3rd quarter. Morgan Stanley now owns 162,885 shares of the closed-end fund’s stock worth $1,363,000 after purchasing an additional 46,412 shares during the last quarter. Kiley Juergens Wealth Management LLC bought a new position in Pimco CA Muni. Income Fund II in the 1st quarter worth about $225,000. First Trust Advisors LP bought a new position in Pimco CA Muni. Income Fund II in the 1st quarter worth about $119,000. First Foundation Advisors bought a new position in Pimco CA Muni. Income Fund II in the 4th quarter worth about $92,000. Finally, Lindbrook Capital LLC grew its position in Pimco CA Muni. Income Fund II by 100.0% in the 1st quarter. Lindbrook Capital LLC now owns 6,000 shares of the closed-end fund’s stock worth $54,000 after purchasing an additional 3,000 shares during the last quarter.

Pimco CA Muni. Income Fund II Company Profile (NYSE:PCK)

PIMCO California Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of United States. It seeks to invest in stocks of companies operating across diversified sectors.

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