D.A. Davidson & CO. Has $107,000 Stake in PIMCO Income Strategy Fund II $PFN

D.A. Davidson & CO. decreased its position in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 18.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,518 shares of the financial services provider’s stock after selling 3,210 shares during the quarter. D.A. Davidson & CO.’s holdings in PIMCO Income Strategy Fund II were worth $107,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Arete Wealth Advisors LLC acquired a new stake in shares of PIMCO Income Strategy Fund II during the 1st quarter valued at $76,000. Gridiron Partners LLC acquired a new stake in shares of PIMCO Income Strategy Fund II during the 2nd quarter valued at $80,000. Willner & Heller LLC acquired a new stake in shares of PIMCO Income Strategy Fund II during the 1st quarter valued at $83,000. CreativeOne Wealth LLC acquired a new stake in shares of PIMCO Income Strategy Fund II during the 1st quarter valued at $114,000. Finally, US Bancorp DE lifted its holdings in PIMCO Income Strategy Fund II by 834.9% during the 1st quarter. US Bancorp DE now owns 18,698 shares of the financial services provider’s stock worth $141,000 after buying an additional 16,698 shares during the period.

PIMCO Income Strategy Fund II Stock Up 0.9%

Shares of PFN opened at $7.49 on Friday. PIMCO Income Strategy Fund II has a 12 month low of $6.26 and a 12 month high of $7.67. The stock’s 50-day moving average price is $7.55 and its two-hundred day moving average price is $7.42.

PIMCO Income Strategy Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Tuesday, October 14th will be given a $0.0718 dividend. The ex-dividend date of this dividend is Tuesday, October 14th. This represents a c) annualized dividend and a dividend yield of 11.5%.

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.