PIMCO Income Strategy Fund II (NYSE:PFN) Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. increased its holdings in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 46.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 154,958 shares of the financial services provider’s stock after purchasing an additional 49,350 shares during the period. J.W. Cole Advisors Inc.’s holdings in PIMCO Income Strategy Fund II were worth $1,154,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in PFN. Root Financial Partners LLC acquired a new position in shares of PIMCO Income Strategy Fund II during the fourth quarter worth about $201,000. Apollon Wealth Management LLC lifted its position in PIMCO Income Strategy Fund II by 57.5% during the 4th quarter. Apollon Wealth Management LLC now owns 74,249 shares of the financial services provider’s stock worth $553,000 after acquiring an additional 27,092 shares in the last quarter. Consolidated Portfolio Review Corp lifted its position in PIMCO Income Strategy Fund II by 3.6% during the 4th quarter. Consolidated Portfolio Review Corp now owns 362,485 shares of the financial services provider’s stock worth $2,701,000 after acquiring an additional 12,749 shares in the last quarter. Elm3 Financial Group LLC acquired a new stake in PIMCO Income Strategy Fund II in the fourth quarter valued at approximately $288,000. Finally, Choreo LLC grew its position in PIMCO Income Strategy Fund II by 31.4% in the fourth quarter. Choreo LLC now owns 102,451 shares of the financial services provider’s stock valued at $763,000 after acquiring an additional 24,459 shares in the last quarter.

PIMCO Income Strategy Fund II Price Performance

NYSE PFN opened at $7.57 on Wednesday. The company’s fifty day simple moving average is $7.48 and its 200-day simple moving average is $7.47. PIMCO Income Strategy Fund II has a 52 week low of $6.96 and a 52 week high of $7.76.

PIMCO Income Strategy Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, February 13th will be issued a $0.0718 dividend. The ex-dividend date is Thursday, February 13th. This represents a $0.86 dividend on an annualized basis and a yield of 11.39%.

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.