Pimco Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.13 and traded as low as $11.70. Pimco Corporate & Income Opportunity Fund shares last traded at $11.7250, with a volume of 1,026,835 shares trading hands.
Pimco Corporate & Income Opportunity Fund Stock Performance
The company has a 50 day simple moving average of $11.83 and a 200-day simple moving average of $12.13.
Pimco Corporate & Income Opportunity Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Investors of record on Thursday, August 13th will be issued a dividend of $0.1188 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date of this dividend is Thursday, August 13th.
Institutional Trading of Pimco Corporate & Income Opportunity Fund
Hedge funds and other institutional investors have recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC bought a new position in Pimco Corporate & Income Opportunity Fund during the fourth quarter valued at approximately $27,000. GHP Investment Advisors Inc. purchased a new stake in shares of Pimco Corporate & Income Opportunity Fund in the 1st quarter valued at $32,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Pimco Corporate & Income Opportunity Fund in the 4th quarter valued at $42,000. Cresta Advisors Ltd. purchased a new stake in shares of Pimco Corporate & Income Opportunity Fund in the 4th quarter valued at $52,000. Finally, CWM LLC grew its holdings in shares of Pimco Corporate & Income Opportunity Fund by 76.3% during the 4th quarter. CWM LLC now owns 6,355 shares of the investment management company's stock valued at $82,000 after purchasing an additional 2,751 shares during the last quarter. Hedge funds and other institutional investors own 10.25% of the company's stock.
Pimco Corporate & Income Opportunity Fund Company Profile
(
Get Free Report)
The Pimco Corporate & Income Opportunity Fund NYSE: PTY is a closed-end management investment company sponsored by Pacific Investment Management Company LLC (PIMCO). The fund's primary objective is to provide a high level of current income, with a secondary focus on capital appreciation. It seeks to achieve these goals through investment in a diversified portfolio of corporate debt securities, loan participations and other fixed-income instruments.
PTY primarily invests in a broad range of U.S.
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