PIMCO Income Strategy Fund II (NYSE:PFN) Stock Position Lifted by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its holdings in PIMCO Income Strategy Fund II (NYSE:PFN) by 5.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 762,298 shares of the financial services provider’s stock after purchasing an additional 37,839 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in PIMCO Income Strategy Fund II were worth $5,565,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Cetera Advisors LLC boosted its stake in PIMCO Income Strategy Fund II by 7.2% during the first quarter. Cetera Advisors LLC now owns 41,169 shares of the financial services provider’s stock valued at $307,000 after buying an additional 2,753 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of PIMCO Income Strategy Fund II by 13.2% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 38,871 shares of the financial services provider’s stock valued at $290,000 after purchasing an additional 4,532 shares during the period. Atomi Financial Group Inc. boosted its position in shares of PIMCO Income Strategy Fund II by 8.1% in the 1st quarter. Atomi Financial Group Inc. now owns 42,016 shares of the financial services provider’s stock valued at $313,000 after purchasing an additional 3,162 shares during the period. Choreo LLC acquired a new position in shares of PIMCO Income Strategy Fund II in the 1st quarter valued at $483,000. Finally, J.W. Cole Advisors Inc. acquired a new position in shares of PIMCO Income Strategy Fund II in the 1st quarter valued at $183,000.

PIMCO Income Strategy Fund II Trading Down 0.1 %

NYSE PFN traded down $0.01 during trading on Friday, reaching $7.27. 463,237 shares of the company’s stock were exchanged, compared to its average volume of 289,006. PIMCO Income Strategy Fund II has a fifty-two week low of $5.93 and a fifty-two week high of $7.58. The company’s fifty day simple moving average is $7.22 and its 200-day simple moving average is $7.33.

PIMCO Income Strategy Fund II Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Monday, August 12th will be given a dividend of $0.072 per share. The ex-dividend date of this dividend is Monday, August 12th. This is a positive change from PIMCO Income Strategy Fund II’s previous monthly dividend of $0.07. This represents a $0.86 dividend on an annualized basis and a yield of 11.88%.

PIMCO Income Strategy Fund II Profile

PIMCO Income Strategy Fund II is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.