BofA 10% owner executes balanced buy/sell at PCK: 75 shares bought & sold at $5.30 on 2025-06-11
Bank of America Corp /DE/, a 10% owner of PIMCO California Municipal Income Fund II, executed 2 separate transactions on 2025-06-11: 1 purchase totaling 75 for $397.50 and 1 sale totaling 75 for $397.50, both at $5.30. The transactions offset completely, leaving 0 shares post-transaction, suggesting either a reallocation between accounts or operational adjustment rather than a net directional bet. The fund currently trades at $5.31, -15.7% from its 52-week high of $6.30 and off -2.6% over 30 days and -7.6% over 90 days. Across all open-market history, this insider shows a heavy buy bias (18 prior purchases vs 2 prior sales), but this filing's balanced buy-and-sell structure provides no clear signal about conviction in the fund's near-term direction.