Hennion & Walsh Asset Management Inc. Has $2.72 Million Stock Position in PIMCO California Municipal Income Fund III (NYSE:PZC)

Hennion & Walsh Asset Management Inc. lifted its holdings in PIMCO California Municipal Income Fund III (NYSE:PZC) by 19.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 395,179 shares of the investment management company’s stock after purchasing an additional 63,236 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in PIMCO California Municipal Income Fund III were worth $2,715,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Wolverine Asset Management LLC raised its holdings in PIMCO California Municipal Income Fund III by 183.9% during the third quarter. Wolverine Asset Management LLC now owns 89,146 shares of the investment management company’s stock valued at $669,000 after buying an additional 57,741 shares in the last quarter. Landscape Capital Management L.L.C. increased its holdings in shares of PIMCO California Municipal Income Fund III by 15.8% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 100,858 shares of the investment management company’s stock valued at $756,000 after acquiring an additional 13,750 shares during the last quarter. Conrad Siegel Investment Advisors Inc. bought a new position in shares of PIMCO California Municipal Income Fund III in the 4th quarter valued at approximately $80,000. Logan Stone Capital LLC acquired a new stake in PIMCO California Municipal Income Fund III in the 2nd quarter worth approximately $83,000. Finally, Farther Finance Advisors LLC bought a new stake in PIMCO California Municipal Income Fund III during the third quarter worth approximately $38,000.

PIMCO California Municipal Income Fund III Trading Up 0.0 %

Shares of PZC stock opened at $6.68 on Friday. PIMCO California Municipal Income Fund III has a 12 month low of $6.60 and a 12 month high of $7.90. The business’s 50 day moving average is $6.98 and its two-hundred day moving average is $7.22.

PIMCO California Municipal Income Fund III Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Monday, January 13th will be paid a $0.0295 dividend. The ex-dividend date of this dividend is Monday, January 13th. This represents a $0.35 dividend on an annualized basis and a yield of 5.30%.

PIMCO California Municipal Income Fund III Company Profile

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