Conrad Siegel Investment Advisors Inc. Invests $80,000 in PIMCO California Municipal Income Fund III (NYSE:PZC)

Conrad Siegel Investment Advisors Inc. acquired a new stake in shares of PIMCO California Municipal Income Fund III (NYSE:PZC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,600 shares of the investment management company’s stock, valued at approximately $80,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new stake in shares of PIMCO California Municipal Income Fund III during the 3rd quarter valued at about $38,000. Logan Stone Capital LLC purchased a new stake in PIMCO California Municipal Income Fund III in the second quarter valued at approximately $83,000. Intellectus Partners LLC grew its stake in PIMCO California Municipal Income Fund III by 7.1% in the 3rd quarter. Intellectus Partners LLC now owns 37,500 shares of the investment management company’s stock worth $282,000 after buying an additional 2,500 shares in the last quarter. Wolverine Asset Management LLC increased its holdings in shares of 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 worth $669,000 after buying an additional 57,741 shares during the last quarter. Finally, Landscape Capital Management L.L.C. raised its position in shares of PIMCO California Municipal Income Fund III by 15.8% during 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 buying an additional 13,750 shares in the last quarter.

PIMCO California Municipal Income Fund III Stock Down 0.9 %

PZC traded down $0.06 during midday trading on Monday, hitting $6.65. The stock had a trading volume of 95,632 shares, compared to its average volume of 69,719. PIMCO California Municipal Income Fund III has a 1 year low of $6.63 and a 1 year high of $7.90. The business has a fifty day moving average of $7.02 and a 200 day moving average of $7.23.

PIMCO California Municipal Income Fund III Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 13th will be issued a $0.0295 dividend. This represents a $0.35 annualized dividend and a dividend yield of 5.32%. The ex-dividend date of this dividend is Monday, January 13th.

PIMCO California Municipal Income Fund III 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.