PIMCO New York Municipal Income Fund III (NYSE:PNI) Shares Bought by Measured Wealth Private Client Group LLC

Measured Wealth Private Client Group LLC raised its holdings in PIMCO New York Municipal Income Fund III (NYSE:PNI) by 864.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,361 shares of the company’s stock after purchasing an additional 103,396 shares during the quarter. PIMCO New York Municipal Income Fund III comprises approximately 0.7% of Measured Wealth Private Client Group LLC’s portfolio, making the stock its 27th largest holding. Measured Wealth Private Client Group LLC’s holdings in PIMCO New York Municipal Income Fund III were worth $1,144,000 as of its most recent SEC filing.

Separately, Robinson Capital Management LLC purchased a new stake in shares of PIMCO New York Municipal Income Fund III in the third quarter valued at about $895,000.

Shares of NYSE:PNI traded down $0.08 during midday trading on Friday, hitting $11.87. The stock had a trading volume of 8,524 shares, compared to its average volume of 19,182. PIMCO New York Municipal Income Fund III has a 1 year low of $10.37 and a 1 year high of $12.45.

The company also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 11th will be issued a $0.04 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend is Thursday, October 10th.

In other news, major shareholder Of America Corp /De/ Bank sold 5,370 shares of PIMCO New York Municipal Income Fund III stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $11.78, for a total value of $63,258.60. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

About PIMCO New York Municipal Income Fund III

PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax.

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