Pimco Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report)'s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $13.65 and traded as high as $13.65. Pimco Corporate & Income Opportunity Fund shares last traded at $13.64, with a volume of 476,305 shares trading hands.
Pimco Corporate & Income Opportunity Fund Price Performance
The company's 50-day moving average price is $13.69 and its two-hundred day moving average price is $14.11.
Pimco Corporate & Income Opportunity Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Thursday, June 12th will be paid a $0.1188 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $1.43 dividend on an annualized basis and a yield of 10.36%.
Institutional Investors Weigh In On Pimco Corporate & Income Opportunity Fund
Institutional investors have recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC acquired a new stake in Pimco Corporate & Income Opportunity Fund during the 4th quarter worth approximately $27,000. Signaturefd LLC bought a new stake in shares of Pimco Corporate & Income Opportunity Fund in the first quarter valued at about $29,000. Rothschild Investment LLC acquired a new position in shares of Pimco Corporate & Income Opportunity Fund in the first quarter valued at about $39,000. Assetmark Inc. increased its position in Pimco Corporate & Income Opportunity Fund by 360.4% during the first quarter. Assetmark Inc. now owns 2,919 shares of the investment management company's stock worth $42,000 after acquiring an additional 2,285 shares during the period. Finally, Continuum Advisory LLC increased its position in 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 worth $44,000 after acquiring an additional 714 shares during the period. 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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