4,158 Shares in PIMCO California Municipal Income Fund III (NYSE:PZC) Purchased by Golden State Wealth Management LLC

Golden State Wealth Management LLC bought a new position in shares of PIMCO California Municipal Income Fund III (NYSE:PZC) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 4,158 shares of the investment management company’s stock, valued at approximately $29,000.

Other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of PIMCO California Municipal Income Fund III during the 3rd quarter worth about $38,000. Conrad Siegel Investment Advisors Inc. acquired a new stake in shares of PIMCO California Municipal Income Fund III during the 4th quarter worth about $80,000. Intellectus Partners LLC increased its position in shares of PIMCO California Municipal Income Fund III by 7.1% during the 3rd quarter. Intellectus Partners LLC now owns 37,500 shares of the investment management company’s stock worth $282,000 after purchasing an additional 2,500 shares in the last quarter. Wolverine Asset Management LLC increased its position in PIMCO California Municipal Income Fund III by 183.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 89,146 shares of the investment management company’s stock valued at $669,000 after acquiring an additional 57,741 shares in the last quarter. Finally, Landscape Capital Management L.L.C. increased its position in PIMCO California Municipal Income Fund III by 15.8% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 100,858 shares of the investment management company’s stock valued at $756,000 after acquiring an additional 13,750 shares in the last quarter.

PIMCO California Municipal Income Fund III Stock Performance

PZC opened at $6.82 on Wednesday. PIMCO California Municipal Income Fund III has a 1-year low of $6.60 and a 1-year high of $7.90. The firm has a 50-day moving average price of $6.86 and a two-hundred day moving average price of $7.15.

PIMCO California Municipal Income Fund III Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, February 13th will be given a $0.0295 dividend. This represents a $0.35 annualized dividend and a yield of 5.19%. The ex-dividend date of this dividend is Thursday, February 13th.

PIMCO California Municipal Income Fund III Company Profile

PIMCO California Municipal Income Fund III 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. It seeks to invest in stocks of companies operating across diversified sectors.