PIMCO Income Strategy Fund II (NYSE:PFN) Shares Bought by Private Trust Co. NA

Private Trust Co. NA boosted its stake in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 186,705 shares of the financial services provider’s stock after acquiring an additional 5,045 shares during the quarter. Private Trust Co. NA’s holdings in PIMCO Income Strategy Fund II were worth $1,391,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC lifted its position in PIMCO Income Strategy Fund II by 114.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 4,069 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 2,169 shares during the period. International Assets Investment Management LLC lifted its position in 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 acquiring an additional 6,620 shares during the period. Ibex Wealth Advisors acquired a new stake in PIMCO Income Strategy Fund II during the 4th quarter worth approximately $82,000. Element Wealth LLC acquired a new stake in PIMCO Income Strategy Fund II during the 4th quarter worth approximately $159,000. Finally, Root Financial Partners LLC acquired a new stake in shares of PIMCO Income Strategy Fund II in the 4th quarter valued at approximately $201,000.

PIMCO Income Strategy Fund II Price Performance

PFN opened at $7.58 on Friday. The business has a 50 day simple moving average of $7.50 and a 200-day simple moving average of $7.49. PIMCO Income Strategy Fund II has a 12 month low of $6.96 and a 12 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 Monday, March 3rd. Stockholders 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 annualized dividend and a dividend yield of 11.37%.

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.