Raymond James Trust N.A. Makes New $113,000 Investment in PIMCO Income Strategy Fund II (NYSE:PFN)

Posted by on Apr 27th, 2023

Raymond James Trust N.A. acquired a new position in shares of PIMCO Income Strategy Fund II (NYSE:PFN – Get Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,935 shares of the financial services provider’s stock, valued at approximately $113,000.

Several other institutional investors have also recently bought and sold shares of the business. Geneos Wealth Management Inc. raised its holdings in PIMCO Income Strategy Fund II by 35.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 36,462 shares of the financial services provider’s stock worth $258,000 after buying an additional 9,490 shares during the last quarter. Private Trust Co. NA raised its holdings in PIMCO Income Strategy Fund II by 5.0% during the fourth quarter. Private Trust Co. NA now owns 93,382 shares of the financial services provider’s stock worth $660,000 after buying an additional 4,445 shares during the last quarter. Smith Chas P & Associates PA Cpas acquired a new position in PIMCO Income Strategy Fund II during the fourth quarter worth $130,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of PIMCO Income Strategy Fund II by 29.5% in the third quarter. B. Riley Wealth Advisors Inc. now owns 33,611 shares of the financial services provider’s stock valued at $233,000 after purchasing an additional 7,659 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of PIMCO Income Strategy Fund II by 9.5% in the third quarter. Commonwealth Equity Services LLC now owns 388,196 shares of the financial services provider’s stock valued at $2,682,000 after purchasing an additional 33,560 shares during the last quarter.

PIMCO Income Strategy Fund II Trading Up 0.1 %

Shares of PFN stock opened at $6.99 on Thursday. The firm has a 50-day moving average of $7.25 and a 200-day moving average of $7.33. PIMCO Income Strategy Fund II has a one year low of $6.73 and a one year high of $8.44.

PIMCO Income Strategy Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, May 1st. Stockholders of record on Thursday, April 13th will be issued a $0.0718 dividend. The ex-dividend date is Wednesday, April 12th. This represents a $0.86 annualized dividend and a dividend yield of 12.33%.

PIMCO Income Strategy Fund II Company Profile

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PIMCO Income Strategy Fund II operates as a closed end investment trust. It engages in the provision of current income, consistent with the preservation of capital. The company was founded on October 29, 2004 and is headquartered in New York, NY.

See Also

Want to see what other hedge funds are holding PFN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Income Strategy Fund II (NYSE:PFN – Get Rating).

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

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