Insider Buying: Pimco CA Municipal Income Fund Insider Buys 39,100 Shares of Stock (PCQ)
Pimco CA Municipal Income Fund (NYSE:PCQ) Insider William Gross bought 39,100 shares of Pimco CA Municipal Income Fund stock on the open market in a transaction dated Tuesday, October 22nd. The shares were purchased at an average cost of $13.31 per share, with a total value of $520,421.00. Following the completion of the transaction, the insider now directly owns 321,968 shares in the company, valued at approximately $4,285,394. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Pimco CA Municipal Income Fund (NYSE:PCQ) traded up 0.15% during mid-day trading on Wednesday, hitting $13.37. 80,430 shares of the company’s stock traded hands. Pimco CA Municipal Income Fund has a one year low of $12.33 and a one year high of $17.10. The stock’s 50-day moving average is $12.76 and its 200-day moving average is $14.37.
PIMCO California Municipal Income Fund (NYSE:PCQ) is a non-diversified, closed-end management investment company.
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