Pimco Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.05 and traded as low as $13.75. Pimco Corporate & Income Opportunity Fund shares last traded at $13.78, with a volume of 900,307 shares traded.
Pimco Corporate & Income Opportunity Fund Stock Up 0.0%
The stock has a 50 day moving average price of $13.77 and a 200 day moving average price of $14.04.
Pimco Corporate & Income Opportunity Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, August 1st. Stockholders of record on Friday, July 11th will be given a dividend of $0.1188 per share. This represents a $1.43 dividend on an annualized basis and a dividend yield of 10.34%. The ex-dividend date is Friday, July 11th.
Institutional Investors Weigh In On Pimco Corporate & Income Opportunity Fund
A number of institutional investors and hedge funds have recently modified their holdings of PTY. Vermillion & White Wealth Management Group LLC acquired a new position in Pimco Corporate & Income Opportunity Fund during the fourth quarter valued at $27,000. Signaturefd LLC acquired a new stake in shares of Pimco Corporate & Income Opportunity Fund during the 1st quarter valued at about $29,000. Rothschild Investment LLC acquired a new stake in shares of Pimco Corporate & Income Opportunity Fund during the 1st quarter valued at about $39,000. Assetmark Inc. lifted its holdings in shares of Pimco Corporate & Income Opportunity Fund by 360.4% during the 1st quarter. Assetmark Inc. now owns 2,919 shares of the investment management company's stock valued at $42,000 after buying an additional 2,285 shares during the last quarter. Finally, Continuum Advisory LLC lifted its holdings in shares of Pimco Corporate & Income Opportunity Fund by 30.3% during the 4th quarter. Continuum Advisory LLC now owns 3,072 shares of the investment management company's stock valued at $44,000 after buying an additional 714 shares during the last quarter. 10.25% of the stock is owned by institutional investors and hedge funds.
About Pimco Corporate & Income Opportunity Fund
(
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PIMCO Corporate & Income Opportunity Fund 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 across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB.
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