24,489 Shares in PIMCO Income Strategy Fund II (NYSE:PFN) Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. acquired a new position in shares of PIMCO Income Strategy Fund II (NYSE:PFNFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 24,489 shares of the financial services provider’s stock, valued at approximately $183,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. TCG Advisory Services LLC increased its position in PIMCO Income Strategy Fund II by 1.8% during the fourth quarter. TCG Advisory Services LLC now owns 99,659 shares of the financial services provider’s stock worth $721,000 after purchasing an additional 1,752 shares during the last quarter. Advisory Services Network LLC increased its position in PIMCO Income Strategy Fund II by 8.5% during the fourth quarter. Advisory Services Network LLC now owns 39,031 shares of the financial services provider’s stock worth $282,000 after purchasing an additional 3,066 shares during the last quarter. Koshinski Asset Management Inc. increased its position in PIMCO Income Strategy Fund II by 50.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 17,642 shares of the financial services provider’s stock worth $128,000 after purchasing an additional 5,921 shares during the last quarter. CoreCap Advisors LLC increased its position in PIMCO Income Strategy Fund II by 7.5% during the fourth quarter. CoreCap Advisors LLC now owns 86,305 shares of the financial services provider’s stock worth $624,000 after purchasing an additional 5,995 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in PIMCO Income Strategy Fund II by 623.0% during the fourth quarter. International Assets Investment Management LLC now owns 7,230 shares of the financial services provider’s stock worth $52,000 after purchasing an additional 6,230 shares during the last quarter.

PIMCO Income Strategy Fund II Trading Up 0.3 %

Shares of PFN opened at $7.19 on Monday. PIMCO Income Strategy Fund II has a 1-year low of $5.93 and a 1-year high of $7.58. The firm has a 50-day simple moving average of $7.30 and a two-hundred day simple moving average of $7.35.

PIMCO Income Strategy Fund II Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Thursday, July 11th will be given a dividend of $0.0718 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 11.98%. The ex-dividend date of this dividend is Thursday, July 11th.

About PIMCO Income Strategy Fund II

(Free Report)

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.

See Also

Institutional Ownership by Quarter for PIMCO Income Strategy Fund II (NYSE:PFN)

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