11,695 Shares in PIMCO Income Strategy Fund II (NYSE:PFN) Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. acquired a new position in shares of PIMCO Income Strategy Fund II (NYSE:PFN) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,695 shares of the financial services provider’s stock, valued at approximately $87,000.

A number of other institutional investors also recently bought and sold shares of PFN. GPS Wealth Strategies Group LLC grew its holdings in shares of PIMCO Income Strategy Fund II by 114.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 4,069 shares of the financial services provider’s stock worth $30,000 after buying an additional 2,169 shares during the last quarter. Ibex Wealth Advisors acquired a new position in shares of PIMCO Income Strategy Fund II in the fourth quarter valued at approximately $82,000. Element Wealth LLC purchased a new stake in shares of PIMCO Income Strategy Fund II during the fourth quarter worth approximately $159,000. Root Financial Partners LLC acquired a new stake in shares of PIMCO Income Strategy Fund II during the fourth quarter worth $201,000. Finally, Elm3 Financial Group LLC acquired a new stake in shares of PIMCO Income Strategy Fund II during the fourth quarter worth $288,000.

PIMCO Income Strategy Fund II Price Performance

Shares of PFN opened at $7.54 on Friday. PIMCO Income Strategy Fund II has a 1 year low of $6.96 and a 1 year high of $7.77. The company’s fifty day moving average is $7.53 and its two-hundred day moving average is $7.52.

PIMCO Income Strategy Fund II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Thursday, March 13th will be issued a dividend of $0.0718 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.86 annualized dividend and a yield of 11.43%.

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.