PIMCO Income Strategy Fund II (NYSE:PFN) Shares Acquired by Stifel Financial Corp

Stifel Financial Corp raised its position in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 23.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 94,524 shares of the financial services provider’s stock after purchasing an additional 17,773 shares during the period. Stifel Financial Corp’s holdings in PIMCO Income Strategy Fund II were worth $720,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James & Associates lifted its holdings in shares of PIMCO Income Strategy Fund II by 2.2% during the 2nd quarter. Raymond James & Associates now owns 288,464 shares of the financial services provider’s stock valued at $2,068,000 after buying an additional 6,200 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in PIMCO Income Strategy Fund II by 81.0% during the second quarter. J.W. Cole Advisors Inc. now owns 44,325 shares of the financial services provider’s stock worth $318,000 after buying an additional 19,836 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of PIMCO Income Strategy Fund II by 17.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 315,258 shares of the financial services provider’s stock valued at $2,260,000 after purchasing an additional 46,693 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of PIMCO Income Strategy Fund II by 18.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 344,700 shares of the financial services provider’s stock valued at $2,472,000 after purchasing an additional 53,480 shares during the period. Finally, Ameritas Advisory Services LLC lifted its position in PIMCO Income Strategy Fund II by 21.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 29,189 shares of the financial services provider’s stock worth $209,000 after buying an additional 5,215 shares in the last quarter.

PIMCO Income Strategy Fund II Price Performance

Shares of NYSE PFN opened at $7.42 on Thursday. The business’s 50 day moving average price is $7.50 and its two-hundred day moving average price is $7.39. PIMCO Income Strategy Fund II has a twelve month low of $6.96 and a twelve month high of $7.76.

PIMCO Income Strategy Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Thursday, December 12th will be given a $0.0718 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 11.61%.

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.