Pimco Income Strategy Fund II (PFN) Stake Decreased by Wells Fargo & Company MN

Wells Fargo & Company MN decreased its holdings in Pimco Income Strategy Fund II (NYSE:PFN) by 17.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,896 shares of the financial services provider’s stock after selling 11,251 shares during the quarter. Wells Fargo & Company MN owned about 0.09% of Pimco Income Strategy Fund II worth $569,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Private Advisor Group LLC boosted its position in shares of Pimco Income Strategy Fund II by 18.0% in the 3rd quarter. Private Advisor Group LLC now owns 45,684 shares of the financial services provider’s stock worth $482,000 after purchasing an additional 6,970 shares in the last quarter. Bank of America Corp DE raised its stake in Pimco Income Strategy Fund II by 66.6% in the 2nd quarter. Bank of America Corp DE now owns 241,323 shares of the financial services provider’s stock worth $2,527,000 after acquiring an additional 96,467 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in Pimco Income Strategy Fund II by 608.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 28,612 shares of the financial services provider’s stock worth $2,650,000 after acquiring an additional 24,575 shares during the last quarter. Raymond James & Associates raised its stake in Pimco Income Strategy Fund II by 53.5% in the 2nd quarter. Raymond James & Associates now owns 52,265 shares of the financial services provider’s stock worth $547,000 after acquiring an additional 18,216 shares during the last quarter. Finally, Centaurus Financial Inc. purchased a new position in Pimco Income Strategy Fund II in the 2nd quarter worth $151,000.

Shares of PFN stock opened at $9.84 on Friday. Pimco Income Strategy Fund II has a 1 year low of $8.88 and a 1 year high of $10.87.

The company also recently announced a monthly dividend, which will be paid on Friday, February 1st. Investors of record on Monday, January 14th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, January 11th. This represents a $0.96 dividend on an annualized basis and a yield of 9.76%.

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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.

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

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