PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) Stock Price Up 0.5%

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP)’s share price traded up 0.5% during trading on Wednesday . The stock traded as high as $7.41 and last traded at $7.36. 77,066 shares traded hands during mid-day trading, an increase of 76% from the average session volume of 43,717 shares. The stock had previously closed at $7.32.

PIMCO Global StocksPLUS & Income Fund Stock Up 0.5 %

The company has a fifty day simple moving average of $7.53 and a 200 day simple moving average of $7.18.

PIMCO Global StocksPLUS & Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Thursday, April 11th will be paid a $0.069 dividend. The ex-dividend date of this dividend is Wednesday, April 10th. This represents a $0.83 annualized dividend and a dividend yield of 11.25%.

Institutional Trading of PIMCO Global StocksPLUS & Income Fund

Several institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC lifted its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 650.0% during the fourth quarter. International Assets Investment Management LLC now owns 5,625 shares of the company’s stock valued at $42,000 after purchasing an additional 4,875 shares in the last quarter. Avantax Advisory Services Inc. bought a new position in PIMCO Global StocksPLUS & Income Fund during the 4th quarter valued at about $75,000. Epic Trust Investment Advisors LLC purchased a new stake in shares of PIMCO Global StocksPLUS & Income Fund during the 4th quarter valued at about $102,000. Private Advisor Group LLC boosted its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 16.2% during the 3rd quarter. Private Advisor Group LLC now owns 15,017 shares of the company’s stock valued at $99,000 after acquiring an additional 2,098 shares during the last quarter. Finally, Shaker Financial Services LLC bought a new stake in shares of PIMCO Global StocksPLUS & Income Fund in the third quarter worth approximately $203,000.

PIMCO Global StocksPLUS & Income Fund Company Profile

PIMCO Global Stocksplus & Income Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options.