Pimco Municipal Income Fund II (NYSE:PML) Shares Sold by Stifel Financial Corp

Stifel Financial Corp decreased its position in shares of Pimco Municipal Income Fund II (NYSE:PML) by 7.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 91,808 shares of the investment management company’s stock after selling 7,739 shares during the quarter. Stifel Financial Corp’s holdings in Pimco Municipal Income Fund II were worth $1,217,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. raised its holdings in Pimco Municipal Income Fund II by 4.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 36,690 shares of the investment management company’s stock worth $488,000 after buying an additional 1,485 shares during the period. Raymond James & Associates raised its holdings in Pimco Municipal Income Fund II by 4.4% during the 4th quarter. Raymond James & Associates now owns 43,363 shares of the investment management company’s stock worth $577,000 after buying an additional 1,817 shares during the period. Advisor Group Inc. grew its stake in Pimco Municipal Income Fund II by 78.3% during the 4th quarter. Advisor Group Inc. now owns 4,650 shares of the investment management company’s stock valued at $62,000 after acquiring an additional 2,042 shares in the last quarter. Parisi Gray Wealth Management grew its stake in Pimco Municipal Income Fund II by 4.3% during the 4th quarter. Parisi Gray Wealth Management now owns 51,136 shares of the investment management company’s stock valued at $680,000 after acquiring an additional 2,088 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in Pimco Municipal Income Fund II by 5.9% during the 3rd quarter. Baird Financial Group Inc. now owns 155,136 shares of the investment management company’s stock valued at $2,052,000 after acquiring an additional 8,706 shares in the last quarter.

NYSE:PML traded up $0.08 on Friday, hitting $14.41. 114,104 shares of the company’s stock traded hands, compared to its average volume of 160,223. Pimco Municipal Income Fund II has a 1 year low of $12.40 and a 1 year high of $14.58.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Thursday, April 11th will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, April 10th. This represents a $0.78 annualized dividend and a yield of 5.41%.

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Pimco Municipal Income Fund II Profile

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

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Institutional Ownership by Quarter for Pimco Municipal Income Fund II (NYSE:PML)

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