D.A. Davidson & CO. Grows Position in Pimco Income Strategy Fund II (NYSE:PFN)

D.A. Davidson & CO. raised its holdings in Pimco Income Strategy Fund II (NYSE:PFN) by 48.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,285 shares of the financial services provider’s stock after acquiring an additional 10,936 shares during the period. D.A. Davidson & CO.’s holdings in Pimco Income Strategy Fund II were worth $344,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in PFN. Ibex Wealth Advisors purchased a new stake in shares of Pimco Income Strategy Fund II in the 2nd quarter valued at about $91,000. CWM LLC purchased a new stake in shares of Pimco Income Strategy Fund II in the 3rd quarter valued at about $107,000. FNY Investment Advisers LLC raised its holdings in shares of Pimco Income Strategy Fund II by 1,486.6% in the 3rd quarter. FNY Investment Advisers LLC now owns 13,058 shares of the financial services provider’s stock valued at $134,000 after acquiring an additional 12,235 shares in the last quarter. Wedbush Securities Inc. raised its holdings in shares of Pimco Income Strategy Fund II by 7.9% in the 2nd quarter. Wedbush Securities Inc. now owns 13,972 shares of the financial services provider’s stock valued at $148,000 after acquiring an additional 1,025 shares in the last quarter. Finally, Ameritas Investment Corp purchased a new stake in shares of Pimco Income Strategy Fund II in the 2nd quarter valued at about $171,000.

NYSE:PFN opened at $10.48 on Tuesday. The business’s 50-day moving average price is $10.50 and its two-hundred day moving average price is $10.49. Pimco Income Strategy Fund II has a twelve month low of $8.88 and a twelve month high of $10.79.

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Tuesday, November 12th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.16%.

About Pimco Income Strategy Fund II

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.

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

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