PIMCO Income Strategy Fund II (NYSE:PFN) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers grew its stake in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 3.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 90,394 shares of the financial services provider’s stock after purchasing an additional 2,637 shares during the quarter. Cetera Investment Advisers’ holdings in PIMCO Income Strategy Fund II were worth $682,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Putney Financial Group LLC acquired a new position in shares of PIMCO Income Strategy Fund II during the fourth quarter worth about $40,000. Ameriflex Group Inc. acquired a new position in shares of PIMCO Income Strategy Fund II in the fourth quarter worth about $57,000. Focus Partners Wealth acquired a new position in shares of PIMCO Income Strategy Fund II in the fourth quarter worth about $78,000. Willner & Heller LLC acquired a new position in shares of PIMCO Income Strategy Fund II in the first quarter worth about $83,000. Finally, Citadel Advisors LLC acquired a new position in shares of PIMCO Income Strategy Fund II in the fourth quarter worth about $92,000.

PIMCO Income Strategy Fund II Trading Down 0.2%

NYSE:PFN opened at $7.53 on Friday. PIMCO Income Strategy Fund II has a one year low of $6.26 and a one year high of $7.76. The business’s 50-day simple moving average is $7.42 and its 200 day simple moving average is $7.38.

PIMCO Income Strategy Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be issued a $0.0718 dividend. This represents a c) annualized dividend and a yield of 11.4%. The ex-dividend date of this dividend is Monday, August 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.