Main Street Financial Solutions LLC Buys 1,355 Shares of PIMCO Income Strategy Fund II (NYSE:PFN)

Main Street Financial Solutions LLC lifted its position in PIMCO Income Strategy Fund II (NYSE:PFN) by 3.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 47,257 shares of the financial services provider’s stock after purchasing an additional 1,355 shares during the period. Main Street Financial Solutions LLC’s holdings in PIMCO Income Strategy Fund II were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of PFN. International Assets Investment Management LLC lifted its holdings in PIMCO Income Strategy Fund II by 662.0% in the third quarter. International Assets Investment Management LLC now owns 7,620 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 6,620 shares during the period. Keudell Morrison Wealth Management bought a new position in shares of PIMCO Income Strategy Fund II in the 2nd quarter worth approximately $134,000. First Foundation Advisors grew its position in PIMCO Income Strategy Fund II by 18.8% during the second quarter. First Foundation Advisors now owns 20,863 shares of the financial services provider’s stock valued at $150,000 after buying an additional 3,306 shares during the period. Ameritas Advisory Services LLC grew its position in PIMCO Income Strategy Fund II by 21.8% during the second quarter. Ameritas Advisory Services LLC now owns 29,189 shares of the financial services provider’s stock valued at $209,000 after buying an additional 5,215 shares during the period. Finally, B. Riley Wealth Advisors Inc. raised its position in PIMCO Income Strategy Fund II by 13.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 38,871 shares of the financial services provider’s stock worth $290,000 after acquiring an additional 4,532 shares during the period.

PIMCO Income Strategy Fund II Stock Performance

Shares of PFN opened at $7.41 on Friday. The business has a 50-day simple moving average of $7.54 and a two-hundred day simple moving average of $7.36. PIMCO Income Strategy Fund II has a 52 week low of $6.59 and a 52 week high of $7.76.

PIMCO Income Strategy Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Tuesday, November 12th will be given a $0.0718 dividend. This represents a $0.86 annualized dividend and a yield of 11.63%. The ex-dividend date of this dividend is Tuesday, November 12th.

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.