PIMCO Corporate & Income Opportunity Fund (NYSE:PTY - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.44 and traded as low as $12.87. PIMCO Corporate & Income Opportunity Fund shares last traded at $12.94, with a volume of 1,108,936 shares traded.
PIMCO Corporate & Income Opportunity Fund Price Performance
The stock has a fifty day moving average price of $14.15 and a two-hundred day moving average price of $14.41.
PIMCO Corporate & Income Opportunity Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Friday, April 11th will be paid a dividend of $0.1188 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.43 annualized dividend and a dividend yield of 10.82%.
Institutional Trading of PIMCO Corporate & Income Opportunity Fund
A number of hedge funds have recently bought and sold shares of PTY. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of PIMCO Corporate & Income Opportunity Fund in the fourth quarter valued at $27,000. Rothschild Investment LLC purchased a new stake in PIMCO Corporate & Income Opportunity Fund in the 1st quarter valued at about $39,000. Continuum Advisory LLC increased its stake in shares of PIMCO Corporate & Income Opportunity Fund by 30.3% during the 4th quarter. Continuum Advisory LLC now owns 3,072 shares of the investment management company's stock valued at $44,000 after acquiring an additional 714 shares during the last quarter. Bank of New Hampshire lifted its holdings in shares of PIMCO Corporate & Income Opportunity Fund by 79.3% during the 4th quarter. Bank of New Hampshire now owns 3,425 shares of the investment management company's stock worth $49,000 after acquiring an additional 1,515 shares during the period. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of PIMCO Corporate & Income Opportunity Fund in the fourth quarter worth approximately $58,000. Institutional investors and hedge funds own 10.25% of the company's stock.
About PIMCO Corporate & Income Opportunity Fund
(
Get Free Report)
PIMCO Corporate & Income Opportunity Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB.
Featured Stories
Before you consider PIMCO Corporate & Income Opportunity Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PIMCO Corporate & Income Opportunity Fund wasn't on the list.
While PIMCO Corporate & Income Opportunity Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
