Insider Buying: William H. Gross Buys 25,423 Shares of PIMCO Corporate&Income Opportunity Fund Stock (PTY)
PIMCO Corporate&Income Opportunity Fund (NYSE:PTY) Insider William H. Gross bought 25,423 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 14th. The stock was purchased at an average price of $18.37 per share, for a total transaction of $467,020.51. Following the completion of the purchase, the insider now directly owns 947,739 shares of the company’s stock, valued at approximately $17,409,965. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
PIMCO Corporate&Income Opportunity Fund (NYSE:PTY) traded up 0.27% on Friday, hitting $18.44. 113,721 shares of the company’s stock traded hands. PIMCO Corporate&Income Opportunity Fund has a 52-week low of $16.62 and a 52-week high of $19.38. The stock’s 50-day moving average is $18.4 and its 200-day moving average is $18.45.
The company also recently declared a monthly dividend, which is scheduled for Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a dividend of $0.13 per share. This represents a $1.56 dividend on an annualized basis and a yield of 8.46%. The ex-dividend date of this dividend is Thursday, August 7th.
PIMCO Corporate & Income Opportunity Fund (NYSE:PTY), formerly PIMCO Corporate Opportunity Fund, is a closed-end exchange traded investment company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.