Van ECK Associates Corp increased its position in Pimco Municipal Income Fund II (NYSE:PML) by 6.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,503 shares of the investment management company’s stock after acquiring an additional 5,275 shares during the period. Van ECK Associates Corp owned approximately 0.15% of Pimco Municipal Income Fund II worth $1,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Virtu KCG Holdings LLC acquired a new stake in Pimco Municipal Income Fund II during the 2nd quarter worth about $149,000. IFC Holdings Incorporated FL grew its position in Pimco Municipal Income Fund II by 0.8% during the 2nd quarter. IFC Holdings Incorporated FL now owns 13,257 shares of the investment management company’s stock worth $174,000 after purchasing an additional 108 shares during the period. RFG Advisory Group LLC acquired a new stake in Pimco Municipal Income Fund II during the 2nd quarter worth about $189,000. Bank of New York Mellon Corp grew its position in Pimco Municipal Income Fund II by 13.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 19,566 shares of the investment management company’s stock worth $257,000 after purchasing an additional 2,384 shares during the period. Finally, Ackerman Capital Advisors LLC acquired a new stake in Pimco Municipal Income Fund II during the 2nd quarter worth about $351,000.

Shares of Pimco Municipal Income Fund II (PML) traded up $0.05 on Friday, reaching $13.32. The company’s stock had a trading volume of 189,037 shares, compared to its average volume of 120,518. Pimco Municipal Income Fund II has a 12 month low of $11.87 and a 12 month high of $13.55.

The business also recently declared a monthly dividend, which was paid on Friday, December 1st. Shareholders of record on Monday, November 13th were given a dividend of $0.065 per share. This represents a $0.78 annualized dividend and a yield of 5.86%. The ex-dividend date was Friday, November 10th.

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Pimco Municipal Income Fund II Profile

PIMCO Municipal Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax.

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

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