160,412 Shares in PIMCO Municipal Income Fund II $PML Purchased by Wagner Wealth Management LLC

Wagner Wealth Management LLC bought a new stake in PIMCO Municipal Income Fund II (NYSE:PML) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 160,412 shares of the investment management company’s stock, valued at approximately $1,269,000.

A number of other large investors have also recently bought and sold shares of PML. Comerica Bank grew its stake in shares of 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 worth $35,000 after acquiring an additional 1,446 shares in the last quarter. ACT Advisors LLC. acquired a new position in PIMCO Municipal Income Fund II during the third quarter worth $83,000. Beacon Pointe Advisors LLC bought a new position in PIMCO Municipal Income Fund II in the second quarter valued at $93,000. Jane Street Group LLC bought a new position in PIMCO Municipal Income Fund II in the second quarter valued at $101,000. Finally, DAVENPORT & Co LLC acquired a new stake in PIMCO Municipal Income Fund II in the 3rd quarter valued at $108,000.

PIMCO Municipal Income Fund II Price Performance

Shares of NYSE:PML opened at $7.57 on Friday. The company’s 50-day moving average price is $7.71 and its two-hundred day moving average price is $7.55. PIMCO Municipal Income Fund II has a one year low of $7.10 and a one year high of $8.67.

PIMCO Municipal Income Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 2nd. Investors of record on Thursday, December 11th will be issued a dividend of $0.0395 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Thursday, December 11th.

About PIMCO Municipal Income Fund II

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.