PIMCO Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.22 and traded as low as $13.82. PIMCO Corporate & Income Opportunity Fund shares last traded at $13.84, with a volume of 401,334 shares traded.
PIMCO Corporate & Income Opportunity Fund Price Performance
The stock has a 50 day moving average of $13.57 and a 200 day moving average of $14.22.
PIMCO Corporate & Income Opportunity Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 12th will be given a dividend of $0.1188 per share. The ex-dividend date is Thursday, June 12th. This represents a $1.43 annualized dividend and a dividend yield of 10.34%.
Institutional Trading of PIMCO Corporate & Income Opportunity Fund
A number of hedge funds have recently bought and sold shares of PTY. Vermillion & White Wealth Management Group LLC purchased a new position in shares of PIMCO Corporate & Income Opportunity Fund during the fourth quarter worth approximately $27,000. Signaturefd LLC bought a new stake in PIMCO Corporate & Income Opportunity Fund in the 1st quarter worth $29,000. Rothschild Investment LLC bought a new stake in PIMCO Corporate & Income Opportunity Fund in the 1st quarter worth $39,000. Assetmark Inc. increased its position in shares of PIMCO Corporate & Income Opportunity Fund by 360.4% in the first quarter. Assetmark Inc. now owns 2,919 shares of the investment management company's stock valued at $42,000 after acquiring an additional 2,285 shares during the period. Finally, Continuum Advisory LLC raised its stake in shares of PIMCO Corporate & Income Opportunity Fund by 30.3% during the fourth quarter. Continuum Advisory LLC now owns 3,072 shares of the investment management company's stock valued at $44,000 after acquiring an additional 714 shares during the last quarter. Institutional investors own 10.25% of the company's stock.
PIMCO Corporate & Income Opportunity Fund Company Profile
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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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