Fiera Capital Corp Has $2.15 Million Holdings in PIMCO California Municipal Income Fund II (NYSE:PCK)

Fiera Capital Corp lessened its holdings in shares of PIMCO California Municipal Income Fund II (NYSE:PCK) by 4.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 342,399 shares of the closed-end fund’s stock after selling 16,808 shares during the quarter. Fiera Capital Corp’s holdings in PIMCO California Municipal Income Fund II were worth $2,150,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Commonwealth Equity Services LLC raised its stake in PIMCO California Municipal Income Fund II by 3.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 62,422 shares of the closed-end fund’s stock worth $365,000 after buying an additional 2,200 shares during the period. SageView Advisory Group LLC acquired a new stake in shares of PIMCO California Municipal Income Fund II in the 1st quarter valued at about $59,000. Almitas Capital LLC acquired a new stake in shares of PIMCO California Municipal Income Fund II in the 2nd quarter valued at about $64,000. Cetera Advisors LLC acquired a new stake in shares of PIMCO California Municipal Income Fund II in the 1st quarter valued at about $74,000. Finally, Hennion & Walsh Asset Management Inc. raised its stake in shares of PIMCO California Municipal Income Fund II by 4.9% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 488,249 shares of the closed-end fund’s stock valued at $2,856,000 after purchasing an additional 22,982 shares during the period.

PIMCO California Municipal Income Fund II Price Performance

PCK opened at $5.97 on Friday. The business’s 50-day moving average price is $6.10 and its two-hundred day moving average price is $5.95. PIMCO California Municipal Income Fund II has a 1 year low of $5.27 and a 1 year high of $6.34.

PIMCO California Municipal Income Fund II Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, November 12th will be paid a $0.0215 dividend. This represents a $0.26 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend is Tuesday, November 12th.

PIMCO California Municipal Income Fund II Company 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.