Pimco Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report) shares 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 changing hands.
Pimco Corporate & Income Opportunity Fund Stock Down 0.0%
The company has a 50-day simple moving average of $13.65 and a 200 day simple moving average of $14.12.
Pimco Corporate & Income Opportunity Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders 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 annualized dividend and a dividend yield of 10.46%.
Hedge Funds Weigh In On Pimco Corporate & Income Opportunity Fund
Large investors have recently bought and sold shares of the stock. Vermillion & White Wealth Management Group LLC bought a new position in shares of Pimco Corporate & Income Opportunity Fund during the 4th quarter worth about $27,000. Signaturefd LLC acquired a new stake in Pimco Corporate & Income Opportunity Fund during the first quarter worth about $29,000. Rothschild Investment LLC bought a new position in Pimco Corporate & Income Opportunity Fund during the first quarter valued at about $39,000. Assetmark Inc. increased its stake 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 valued at $42,000 after acquiring an additional 2,285 shares during the period. Finally, Continuum Advisory LLC raised its holdings in Pimco Corporate & Income Opportunity Fund by 30.3% in the 4th 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 in the last quarter. 10.25% of the stock is currently owned by institutional investors and hedge funds.
Pimco Corporate & Income Opportunity Fund Company Profile
(
Get Free Report)
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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