Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Shares Up 0.1% – Time to Buy?

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) rose 0.1% during mid-day trading on Tuesday . The company traded as high as $13.94 and last traded at $13.88. Approximately 419,160 shares changed hands during trading, a decline of 23% from the average daily volume of 543,514 shares. The stock had previously closed at $13.87.

Pimco Dynamic Income Opportunities Fund Stock Down 0.2 %

The company’s 50 day simple moving average is $13.84 and its 200 day simple moving average is $13.76.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Thursday, March 13th will be given a $0.1279 dividend. This represents a $1.53 dividend on an annualized basis and a dividend yield of 11.09%. The ex-dividend date is Thursday, March 13th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio is currently -7,650.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PDO. Bank of New Hampshire raised its position in shares of Pimco Dynamic Income Opportunities Fund by 105.8% during the fourth quarter. Bank of New Hampshire now owns 3,725 shares of the company’s stock worth $51,000 after purchasing an additional 1,915 shares during the period. Noble Wealth Management PBC acquired a new stake in Pimco Dynamic Income Opportunities Fund during the 4th quarter worth approximately $52,000. Spire Wealth Management acquired a new position in shares of Pimco Dynamic Income Opportunities Fund in the fourth quarter valued at approximately $60,000. Comerica Bank boosted its holdings in shares of Pimco Dynamic Income Opportunities Fund by 8.4% in the fourth quarter. Comerica Bank now owns 10,326 shares of the company’s stock valued at $140,000 after buying an additional 800 shares during the period. Finally, Hilltop Holdings Inc. acquired a new stake in shares of Pimco Dynamic Income Opportunities Fund during the third quarter worth $152,000. 9.43% of the stock is owned by institutional investors and hedge funds.