Gill Capital Partners LLC Sells 350,759 Shares of PIMCO Municipal Income Fund II $PML

Gill Capital Partners LLC decreased its position in PIMCO Municipal Income Fund II (NYSE:PML) by 59.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,515 shares of the investment management company’s stock after selling 350,759 shares during the period. Gill Capital Partners LLC’s holdings in PIMCO Municipal Income Fund II were worth $1,836,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PML. Asset Dedication LLC bought a new position in PIMCO Municipal Income Fund II in the 4th quarter worth about $26,000. Comerica Bank boosted its stake in PIMCO Municipal Income Fund II by 49.7% in the 1st quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock worth $35,000 after purchasing an additional 1,446 shares in the last quarter. Global Wealth Strategies & Associates boosted its stake in PIMCO Municipal Income Fund II by 106.1% in the 4th quarter. Global Wealth Strategies & Associates now owns 5,465 shares of the investment management company’s stock worth $41,000 after purchasing an additional 2,813 shares in the last quarter. US Bancorp DE bought a new position in PIMCO Municipal Income Fund II in the 3rd quarter worth about $45,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in PIMCO Municipal Income Fund II in the 3rd quarter worth about $58,000.

PIMCO Municipal Income Fund II Trading Down 0.1%

Shares of PIMCO Municipal Income Fund II stock opened at $7.52 on Monday. The firm’s 50-day moving average is $7.50 and its 200 day moving average is $7.62. PIMCO Municipal Income Fund II has a 1 year low of $7.10 and a 1 year high of $8.01.

PIMCO Municipal Income Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be paid a $0.0395 dividend. The ex-dividend date is Monday, May 11th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Insider Transactions at PIMCO Municipal Income Fund II

In other news, Director Sonya Morris purchased 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The shares were bought at an average price of $7.48 per share, for a total transaction of $37,400.00. Following the purchase, the director directly owned 5,000 shares in the company, valued at approximately $37,400. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders have bought 5,745 shares of company stock valued at $42,908.

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.