Insider Buying: William H. Gross Acquires 6,564 Shares of PIMCO Corporate&Income Opportunity Fund Stock (PTY)
PIMCO Corporate&Income Opportunity Fund (NYSE:PTY) Insider William H. Gross purchased 6,564 shares of PIMCO Corporate&Income Opportunity Fund stock on the open market in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average price of $18.57 per share, for a total transaction of $121,893.48. Following the completion of the purchase, the insider now directly owns 947,739 shares in the company, valued at approximately $17,599,513. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of PIMCO Corporate&Income Opportunity Fund (NYSE:PTY) traded down 0.11% during mid-day trading on Monday, hitting $18.58. The stock had a trading volume of 124,432 shares. PIMCO Corporate&Income Opportunity Fund has a one year low of $16.92 and a one year high of $19.38. The stock has a 50-day moving average of $18.4 and a 200-day moving average of $18.47.
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 8.40%. 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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