PIMCO Municipal Income Fund III (NYSE:PMX) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC lifted its stake in PIMCO Municipal Income Fund III ( NYSE:PMX – Free Report ) by 35.0% in the 4th quarter, Holdings Channel.com reports.

The institutional investor owned 32,756 shares of the investment management company’s stock after acquiring an additional 8,500 shares during the quarter. HighTower Advisors LLC’s holdings in PIMCO Municipal Income Fund III were worth $241,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently bought and sold shares of PMX.



Wolverine Asset Management LLC purchased a new position in shares of PIMCO Municipal Income Fund III during the 4th quarter valued at approximately $67,000. Permanent Capital Management LP bought a new position in PIMCO Municipal Income Fund III in the 4th quarter worth approximately $92,000. Ellis Investment Partners LLC lifted its holdings in PIMCO Municipal Income Fund III by 29.

5% in the fourth quarter. Ellis Investment Partners LLC now owns 12,954 shares of the investment management company’s stock worth $95,000 after purchasing an additional 2,954 shares during the period. Noble Wealth Management PBC bought a new stake in PIMCO Municipal Income Fund III during the fourth quarter worth approximately $103,000.

Finally, Oregon Pacific Wealth Management LLC bought a new position in PIMCO Municipal Income Fund III during the fourth quarter valued at about $132,000. PIMCO Municipal Income Fund III Stock Performance Shares of NYSE:PMX opened at $7.21 on Thursday.

PIMCO Municipal Income Fund III has a 1-year low of $7.07 and a 1-year high of $8.52.

The company has a 50 day moving average price of $7.34 and a 200 day moving average price of $7.63.

PIMCO Municipal Income Fund III Dividend Announcement About PIMCO Municipal Income Fund III ( Free Report ) PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

The fund primarily invests in in municipal bonds that pay interest that is exempt from federal income tax. Further Reading Want to see what other hedge funds are holding PMX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Municipal Income Fund III ( NYSE:PMX – Free Report ).

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