Private Advisor Group LLC Makes New $210,000 Investment in PIMCO Income Strategy Fund II (NYSE:PFN)

Private Advisor Group LLC purchased a new position in PIMCO Income Strategy Fund II (NYSE:PFN) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 27,845 shares of the financial services provider’s stock, valued at approximately $210,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Clear Creek Financial Management LLC grew its position in PIMCO Income Strategy Fund II by 2.2% in the 1st quarter. Clear Creek Financial Management LLC now owns 74,193 shares of the financial services provider’s stock worth $559,000 after purchasing an additional 1,565 shares during the last quarter. Main Street Financial Solutions LLC boosted its position in shares of PIMCO Income Strategy Fund II by 3.3% during the 4th quarter. Main Street Financial Solutions LLC now owns 48,832 shares of the financial services provider’s stock valued at $364,000 after acquiring an additional 1,575 shares in the last quarter. Mallini Complete Financial Planning LLC boosted its position in shares of PIMCO Income Strategy Fund II by 11.3% during the 1st quarter. Mallini Complete Financial Planning LLC now owns 44,608 shares of the financial services provider’s stock valued at $336,000 after acquiring an additional 4,531 shares in the last quarter. Putney Financial Group LLC acquired a new stake in shares of PIMCO Income Strategy Fund II during the 4th quarter valued at about $40,000. Finally, Consolidated Portfolio Review Corp boosted its position in shares of PIMCO Income Strategy Fund II by 1.6% during the 1st quarter. Consolidated Portfolio Review Corp now owns 368,373 shares of the financial services provider’s stock valued at $2,778,000 after acquiring an additional 5,888 shares in the last quarter.

PIMCO Income Strategy Fund II Trading Up 0.2%

Shares of PIMCO Income Strategy Fund II stock opened at $7.53 on Friday. The firm’s 50-day simple moving average is $7.37 and its 200-day simple moving average is $7.37. PIMCO Income Strategy Fund II has a twelve month low of $6.26 and a twelve month high of $7.76.

PIMCO Income Strategy Fund II Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 1st. Stockholders of record on Friday, July 11th were given a dividend of $0.0718 per share. This represents a c) annualized dividend and a dividend yield of 11.4%. The ex-dividend date was Friday, July 11th.

PIMCO Income Strategy Fund II Company 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.