PIMCO Corporate&Income Opportunity Fund Insider Acquires $186,538 in Stock (PTY)
PIMCO Corporate&Income Opportunity Fund (NYSE:PTY) Insider William H. Gross bought 10,160 shares of PIMCO Corporate&Income Opportunity Fund stock on the open market in a transaction that occurred on Friday, August 15th. The shares were purchased at an average price of $18.36 per share, with a total value of $186,537.60. Following the transaction, the insider now directly owns 947,739 shares in the company, valued at approximately $17,400,488. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
PIMCO Corporate&Income Opportunity Fund (NYSE:PTY) traded down 0.27% on Monday, hitting $18.39. 117,791 shares of the company’s stock traded hands. PIMCO Corporate&Income Opportunity Fund has a 52-week low of $16.72 and a 52-week high of $19.38. The stock’s 50-day moving average is $18.44 and its 200-day moving average is $18.47.
The company also recently declared a monthly dividend, which is scheduled for Tuesday, September 2nd. Shareholders 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.
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