Semus Wealth Partners LLC Cuts Stock Position in PIMCO Income Strategy Fund II (NYSE:PFN)

Semus Wealth Partners LLC cut its stake in PIMCO Income Strategy Fund II (NYSE:PFN) by 19.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,142 shares of the financial services provider’s stock after selling 11,442 shares during the period. Semus Wealth Partners LLC’s holdings in PIMCO Income Strategy Fund II were worth $352,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PFN. Raymond James & Associates increased 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 purchasing an additional 6,200 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of 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 in the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in shares of PIMCO Income Strategy Fund II by 13.2% during the first quarter. B. Riley Wealth Advisors Inc. now owns 38,871 shares of the financial services provider’s stock worth $290,000 after buying an additional 4,532 shares in the last quarter. Envestnet Asset Management Inc. boosted its position 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 acquiring an additional 46,693 shares during the last quarter. Finally, Cetera Advisors LLC boosted its position in shares of PIMCO Income Strategy Fund II by 7.2% during the 1st quarter. Cetera Advisors LLC now owns 41,169 shares of the financial services provider’s stock valued at $307,000 after acquiring an additional 2,753 shares during the last quarter.

PIMCO Income Strategy Fund II Price Performance

NYSE PFN opened at $7.41 on Monday. The firm’s 50-day moving average is $7.54 and its two-hundred day moving average is $7.36. PIMCO Income Strategy Fund II has a 12 month low of $6.60 and a 12 month high of $7.76.

PIMCO Income Strategy Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, November 12th will be given a $0.0718 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.86 dividend on an annualized basis and a yield of 11.63%.

PIMCO Income Strategy Fund II Company 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.