Virtu Financial LLC Buys Shares of 147,472 PIMCO Municipal Income Fund II $PML

Virtu Financial LLC bought a new position in shares of PIMCO Municipal Income Fund II (NYSE:PML) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 147,472 shares of the investment management company’s stock, valued at approximately $1,112,000.

Other large investors have also recently made changes to their positions in the company. Comerica Bank raised its stake in shares of PIMCO Municipal Income Fund II by 49.7% during the 1st quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 1,446 shares during the period. Focus Partners Wealth purchased a new position in PIMCO Municipal Income Fund II during the 1st quarter valued at about $202,000. Jane Street Group LLC purchased a new position in PIMCO Municipal Income Fund II during the 2nd quarter valued at about $101,000. Bank of America Corp DE grew its holdings in PIMCO Municipal Income Fund II by 23.8% during the 2nd quarter. Bank of America Corp DE now owns 107,431 shares of the investment management company’s stock valued at $800,000 after buying an additional 20,678 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in shares of PIMCO Municipal Income Fund II during the second quarter valued at about $768,000.

Insiders Place Their Bets

In other news, Director Sonya Morris bought 5,000 shares of the stock in a transaction on Wednesday, March 25th. The shares were acquired at an average cost of $7.48 per share, for a total transaction of $37,400.00. Following the purchase, the director directly owned 5,000 shares of the company’s stock, valued at $37,400. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

PIMCO Municipal Income Fund II Price Performance

Shares of PIMCO Municipal Income Fund II stock opened at $7.57 on Friday. The company’s 50-day moving average price is $7.51 and its 200-day moving average price is $7.59. PIMCO Municipal Income Fund II has a 12-month low of $7.10 and a 12-month high of $8.01.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Thursday, June 11th will be issued a dividend of $0.0395 per share. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Thursday, June 11th.

PIMCO Municipal Income Fund II Profile

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.