PIMCO California Municipal Income Fund II (NYSE:PCK) Holdings Cut by Noble Wealth Management PBC

Noble Wealth Management PBC lowered its holdings in PIMCO California Municipal Income Fund II (NYSE:PCK) by 6.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,290 shares of the closed-end fund’s stock after selling 3,700 shares during the period. Noble Wealth Management PBC’s holdings in PIMCO California Municipal Income Fund II were worth $312,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Almitas Capital LLC bought a new position in PIMCO California Municipal Income Fund II in the fourth quarter worth about $59,000. Virtu Financial LLC bought a new stake in shares of PIMCO California Municipal Income Fund II during the fourth quarter valued at approximately $70,000. Citadel Advisors LLC bought a new stake in shares of PIMCO California Municipal Income Fund II during the fourth quarter valued at approximately $75,000. Two Sigma Securities LLC bought a new stake in shares of PIMCO California Municipal Income Fund II during the fourth quarter valued at approximately $81,000. Finally, Abound Financial LLC bought a new stake in shares of PIMCO California Municipal Income Fund II during the fourth quarter valued at approximately $113,000.

PIMCO California Municipal Income Fund II Stock Up 0.3%

PCK opened at $5.35 on Thursday. The business’s 50 day moving average is $5.42 and its 200-day moving average is $5.67. PIMCO California Municipal Income Fund II has a twelve month low of $5.18 and a twelve month high of $6.34.

PIMCO California Municipal Income Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.0215 per share. The ex-dividend date is Thursday, June 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.83%.

PIMCO California Municipal Income Fund II Profile

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.