PIMCO Income Strategy Fund II (NYSE:PFN) Shares Sold by Semus Wealth Partners LLC

Semus Wealth Partners LLC trimmed its holdings in PIMCO Income Strategy Fund II (NYSE:PFN) by 19.9% during the third quarter, HoldingsChannel.com reports. The fund 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 and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Raymond James & Associates increased its holdings in shares of PIMCO Income Strategy Fund II by 2.2% in the 2nd quarter. Raymond James & Associates now owns 288,464 shares of the financial services provider’s stock valued at $2,068,000 after acquiring an additional 6,200 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of PIMCO Income Strategy Fund II by 81.0% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 44,325 shares of the financial services provider’s stock valued at $318,000 after acquiring an additional 19,836 shares during the period. B. Riley Wealth Advisors Inc. increased its holdings in shares of PIMCO Income Strategy Fund II by 13.2% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 38,871 shares of the financial services provider’s stock valued at $290,000 after acquiring an additional 4,532 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of PIMCO Income Strategy Fund II by 17.4% in 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 period. Finally, Cetera Advisors LLC grew its position in PIMCO Income Strategy Fund II by 7.2% in the 1st quarter. Cetera Advisors LLC now owns 41,169 shares of the financial services provider’s stock valued at $307,000 after buying an additional 2,753 shares during the last quarter.

PIMCO Income Strategy Fund II Stock Performance

NYSE:PFN opened at $7.41 on Monday. The firm’s fifty day moving average price is $7.54 and its 200 day moving average price is $7.36. PIMCO Income Strategy Fund II has a 1-year low of $6.60 and a 1-year 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, December 2nd. Investors 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.