Fiera Capital Corp Sells 16,808 Shares of PIMCO California Municipal Income Fund II (NYSE:PCK)

Fiera Capital Corp cut its holdings in shares of PIMCO California Municipal Income Fund II (NYSE:PCK) by 4.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 342,399 shares of the closed-end fund’s stock after selling 16,808 shares during the period. Fiera Capital Corp’s holdings in PIMCO California Municipal Income Fund II were worth $2,150,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of PCK. SageView Advisory Group LLC bought a new position in PIMCO California Municipal Income Fund II in the 1st quarter valued at $59,000. Almitas Capital LLC bought a new position in PIMCO California Municipal Income Fund II in the 2nd quarter valued at $64,000. Cetera Advisors LLC bought a new position in PIMCO California Municipal Income Fund II in the 1st quarter valued at $74,000. Commonwealth Equity Services LLC boosted its position in PIMCO California Municipal Income Fund II by 3.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 62,422 shares of the closed-end fund’s stock valued at $365,000 after buying an additional 2,200 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. bought a new position in PIMCO California Municipal Income Fund II in the 1st quarter valued at $1,189,000.

PIMCO California Municipal Income Fund II Trading Up 1.4 %

Shares of PCK opened at $5.97 on Friday. The business’s fifty day moving average price is $6.10 and its two-hundred day moving average price is $5.95. PIMCO California Municipal Income Fund II has a 52 week low of $5.27 and a 52 week high of $6.34.

PIMCO California Municipal Income Fund II Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Tuesday, November 12th will be paid a $0.0215 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend is Tuesday, November 12th.

PIMCO California Municipal Income Fund II Company Profile

PIMCO California Municipal Income Fund II 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 of United States. It seeks to invest in stocks of companies operating across diversified sectors.