GPS Wealth Strategies Group LLC Acquires 2,169 Shares of PIMCO Income Strategy Fund II (NYSE:PFN)

GPS Wealth Strategies Group LLC lifted its position in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 114.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,069 shares of the financial services provider’s stock after purchasing an additional 2,169 shares during the period. GPS Wealth Strategies Group LLC’s holdings in PIMCO Income Strategy Fund II were worth $30,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC increased its stake in shares of PIMCO Income Strategy Fund II by 662.0% during the 3rd quarter. International Assets Investment Management LLC now owns 7,620 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 6,620 shares during the last quarter. Ibex Wealth Advisors acquired a new position in shares of PIMCO Income Strategy Fund II during the 4th quarter worth about $82,000. Sanctuary Advisors LLC acquired a new position in shares of PIMCO Income Strategy Fund II during the 2nd quarter worth about $287,000. B. Riley Wealth Advisors Inc. increased its stake in shares of PIMCO Income Strategy Fund II by 15.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 44,890 shares of the financial services provider’s stock worth $325,000 after purchasing an additional 6,019 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in shares of PIMCO Income Strategy Fund II by 3.0% during the 3rd quarter. Main Street Financial Solutions LLC now owns 47,257 shares of the financial services provider’s stock worth $360,000 after purchasing an additional 1,355 shares during the last quarter.

PIMCO Income Strategy Fund II Stock Performance

PIMCO Income Strategy Fund II stock opened at $7.58 on Wednesday. PIMCO Income Strategy Fund II has a fifty-two week low of $6.96 and a fifty-two week high of $7.76. The company’s 50-day moving average is $7.47 and its 200-day moving average is $7.44.

PIMCO Income Strategy Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, February 13th will be paid a $0.0718 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.86 dividend on an annualized basis and a yield of 11.37%.

PIMCO Income Strategy Fund II 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.