PIMCO Income Strategy Fund II (NYSE:PFN) Shares Acquired by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its stake in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 4.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 798,490 shares of the financial services provider’s stock after acquiring an additional 36,192 shares during the period. EverSource Wealth Advisors LLC’s holdings in PIMCO Income Strategy Fund II were worth $5,773,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Main Street Financial Solutions LLC raised its stake in PIMCO Income Strategy Fund II by 5.1% during the second quarter. Main Street Financial Solutions LLC now owns 45,902 shares of the financial services provider’s stock worth $329,000 after purchasing an additional 2,232 shares during the period. Cetera Advisors LLC raised its position in shares of PIMCO Income Strategy Fund II by 7.2% during the 1st 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 during the period. Advisory Services Network LLC raised its position in shares of PIMCO Income Strategy Fund II by 8.5% during the 4th quarter. Advisory Services Network LLC now owns 39,031 shares of the financial services provider’s stock valued at $282,000 after buying an additional 3,066 shares during the period. Atomi Financial Group Inc. lifted its holdings in PIMCO Income Strategy Fund II by 8.1% in the first quarter. Atomi Financial Group Inc. now owns 42,016 shares of the financial services provider’s stock valued at $313,000 after acquiring an additional 3,162 shares during the last quarter. Finally, First Foundation Advisors increased its stake in PIMCO Income Strategy Fund II by 18.8% during the second quarter. First Foundation Advisors now owns 20,863 shares of the financial services provider’s stock worth $150,000 after acquiring an additional 3,306 shares during the last quarter.

PIMCO Income Strategy Fund II Stock Up 0.4 %

Shares of PIMCO Income Strategy Fund II stock opened at $7.50 on Friday. PIMCO Income Strategy Fund II has a 52 week low of $5.93 and a 52 week high of $7.58. The business’s fifty day simple moving average is $7.28 and its 200-day simple moving average is $7.30.

PIMCO Income Strategy Fund II Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be issued a $0.0718 dividend. The ex-dividend date is Friday, September 13th. This represents a $0.86 annualized dividend and a dividend yield of 11.49%.

About PIMCO Income Strategy Fund II

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.