PIMCO Global StocksPLUS & Income Fund (NYSE:PGP – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be given a dividend of 0.069 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date of this dividend is Friday, September 11th.
PIMCO Global StocksPLUS & Income Fund Stock Down 0.7%
NYSE PGP opened at $8.75 on Wednesday. PIMCO Global StocksPLUS & Income Fund has a 1-year low of $8.04 and a 1-year high of $9.41. The business’s 50-day simple moving average is $8.62 and its 200-day simple moving average is $8.74.
Institutional Investors Weigh In On PIMCO Global StocksPLUS & Income Fund
Several institutional investors have recently bought and sold shares of PGP. Cetera Investment Advisers increased its position in shares of PIMCO Global StocksPLUS & Income Fund by 7.3% in the second quarter. Cetera Investment Advisers now owns 19,503 shares of the company’s stock worth $162,000 after acquiring an additional 1,325 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 9.0% during the 4th quarter. LPL Financial LLC now owns 177,391 shares of the company’s stock valued at $1,620,000 after acquiring an additional 14,627 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 88.1% during the 4th quarter. Kestra Advisory Services LLC now owns 89,886 shares of the company’s stock valued at $821,000 after acquiring an additional 42,097 shares in the last quarter. Fifth Third Bancorp purchased a new stake in PIMCO Global StocksPLUS & Income Fund during the 1st quarter worth $128,000. Finally, CoreCap Advisors LLC boosted its position in PIMCO Global StocksPLUS & Income Fund by 44.6% during the 2nd quarter. CoreCap Advisors LLC now owns 10,700 shares of the company’s stock worth $92,000 after purchasing an additional 3,300 shares during the period.
About PIMCO Global StocksPLUS & Income Fund
The PIMCO Global StocksPLUS & Income Fund (NYSE: PGP) is a diversified, closed-end management investment company that seeks to deliver a high level of current income plus capital appreciation. The fund invests primarily in a global mix of common stocks, convertible securities, fixed-income instruments, currencies and derivative instruments, providing investors with broad exposure to both equity and credit markets around the world.
To achieve its objectives, PGP combines traditional security selection with an overlay strategy that employs equity futures and currency forwards.
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