PIMCO Access Income Fund (NYSE:PAXS – Get Free Report) passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $13.32 and traded as high as $13.72. PIMCO Access Income Fund shares last traded at $13.69, with a volume of 483,084 shares trading hands.
PIMCO Access Income Fund Stock Performance
The stock’s fifty day moving average is $13.32 and its two-hundred day moving average is $14.29.
PIMCO Access Income Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be paid a $0.1494 dividend. This represents a $1.79 dividend on an annualized basis and a yield of 13.1%. The ex-dividend date is Friday, November 13th.
Hedge Funds Weigh In On PIMCO Access Income Fund
Institutional investors have recently made changes to their positions in the stock. Noble Wealth Management PBC raised its position in shares of PIMCO Access Income Fund by 16.9% during the 3rd quarter. Noble Wealth Management PBC now owns 147,286 shares of the company’s stock valued at $1,949,000 after buying an additional 21,319 shares in the last quarter. Baird Financial Group Inc. purchased a new position in PIMCO Access Income Fund in the second quarter worth $243,000. Wedbush Securities Inc. grew its position in PIMCO Access Income Fund by 4.7% in the second quarter. Wedbush Securities Inc. now owns 44,119 shares of the company’s stock worth $642,000 after acquiring an additional 1,979 shares in the last quarter. Focus Financial Network Inc. bought a new position in PIMCO Access Income Fund in the second quarter valued at $154,000. Finally, Bank of America Corp DE increased its stake in PIMCO Access Income Fund by 6.2% in the first quarter. Bank of America Corp DE now owns 421,321 shares of the company’s stock valued at $6,071,000 after acquiring an additional 24,721 shares during the last quarter.
About PIMCO Access Income Fund
PIMCO Access Income Fund is a closed-end management investment company that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests in a portfolio of income-producing securities and is managed by Pacific Investment Management Company LLC (PIMCO), a global investment manager.
Its investments may include corporate debt, mortgage- and asset-backed securities, and other fixed-income instruments. The fund can invest in securities from U.S.
Featured Stories
- Five stocks we like better than PIMCO Access Income Fund
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for PIMCO Access Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Access Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
