Shufro Rose & Co. LLC decreased its position in shares of Pimco Income Strategy Fund II (NYSE:PFN) by 1.3% during the second quarter, Holdings Channel reports. The fund owned 39,000 shares of the financial services provider’s stock after selling 500 shares during the period. Shufro Rose & Co. LLC’s holdings in Pimco Income Strategy Fund II were worth $407,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Wedbush Securities Inc. raised its stake in Pimco Income Strategy Fund II by 4.0% in the second quarter. Wedbush Securities Inc. now owns 60,305 shares of the financial services provider’s stock worth $630,000 after buying an additional 2,300 shares during the last quarter. National Planning Corp raised its position in shares of Pimco Income Strategy Fund II by 62.8% in the second quarter. National Planning Corp now owns 25,447 shares of the financial services provider’s stock worth $268,000 after buying an additional 9,818 shares in the last quarter. IFP Advisors Inc raised its position in shares of Pimco Income Strategy Fund II by 16.7% in the second quarter. IFP Advisors Inc now owns 31,468 shares of the financial services provider’s stock worth $329,000 after buying an additional 4,493 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of Pimco Income Strategy Fund II by 0.7% in the second quarter. Janney Montgomery Scott LLC now owns 86,794 shares of the financial services provider’s stock worth $906,000 after buying an additional 600 shares in the last quarter.

Pimco Income Strategy Fund II (NYSE:PFN) opened at 10.41 on Wednesday. Pimco Income Strategy Fund II has a 52 week low of $8.76 and a 52 week high of $10.87. The firm has a 50-day moving average price of $10.61 and a 200-day moving average price of $10.29.

The business also recently announced a monthly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $0.96 annualized dividend and a yield of 9.22%.

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Pimco Income Strategy Fund II Company Profile

PIMCO Income Strategy Fund II (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is to seek high current income, consistent with the preservation of capital. The Fund allocates assets in varying proportions among floating- and fixed-rate debt instruments, as well as among investment grade and non-investment-grade securities.

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

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