Janney Montgomery Scott LLC Has $246,000 Holdings in PIMCO Income Strategy Fund II (NYSE:PFN)

Janney Montgomery Scott LLC cut its holdings in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 12.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,975 shares of the financial services provider’s stock after selling 4,500 shares during the quarter. Janney Montgomery Scott LLC’s holdings in PIMCO Income Strategy Fund II were worth $246,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in PIMCO Income Strategy Fund II by 662.0% during the 3rd quarter. International Assets Investment Management LLC now owns 7,620 shares of the financial services provider’s stock worth $58,000 after acquiring an additional 6,620 shares during the period. Sanctuary Advisors LLC acquired a new stake in PIMCO Income Strategy Fund II during the 2nd quarter worth about $287,000. Main Street Financial Solutions LLC boosted its position in PIMCO Income Strategy Fund II by 3.0% during the 3rd quarter. Main Street Financial Solutions LLC now owns 47,257 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 1,355 shares during the period. Atomi Financial Group Inc. boosted its position in PIMCO Income Strategy Fund II by 6.5% during the 4th quarter. Atomi Financial Group Inc. now owns 50,975 shares of the financial services provider’s stock worth $380,000 after acquiring an additional 3,122 shares during the period. Finally, Rockefeller Capital Management L.P. acquired a new stake in PIMCO Income Strategy Fund II during the 3rd quarter worth about $440,000.

PIMCO Income Strategy Fund II Stock Down 0.1 %

PFN opened at $7.61 on Thursday. PIMCO Income Strategy Fund II has a fifty-two week low of $6.96 and a fifty-two week high of $7.76. The business has a 50-day moving average of $7.48 and a 200-day moving average of $7.46.

PIMCO Income Strategy Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, February 13th will be paid a dividend of $0.0718 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 11.33%. The ex-dividend date of this dividend is Thursday, February 13th.

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.