TCG Advisory Services LLC Has $721,000 Stake in PIMCO Income Strategy Fund II (NYSE:PFN)

TCG Advisory Services LLC raised its stake in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 1.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,659 shares of the financial services provider’s stock after buying an additional 1,752 shares during the quarter. TCG Advisory Services LLC’s holdings in PIMCO Income Strategy Fund II were worth $721,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Consolidated Portfolio Review Corp lifted its holdings in shares of PIMCO Income Strategy Fund II by 0.8% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 366,405 shares of the financial services provider’s stock valued at $2,415,000 after purchasing an additional 2,805 shares in the last quarter. Certified Advisory Corp lifted its stake in PIMCO Income Strategy Fund II by 3.2% in the third quarter. Certified Advisory Corp now owns 126,989 shares of the financial services provider’s stock valued at $837,000 after buying an additional 3,963 shares in the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of PIMCO Income Strategy Fund II by 50.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 17,642 shares of the financial services provider’s stock valued at $128,000 after buying an additional 5,921 shares during the period. CoreCap Advisors LLC increased its position in shares of PIMCO Income Strategy Fund II by 7.5% during the fourth quarter. CoreCap Advisors LLC now owns 86,305 shares of the financial services provider’s stock worth $624,000 after acquiring an additional 5,995 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of PIMCO Income Strategy Fund II by 623.0% during the fourth quarter. International Assets Investment Management LLC now owns 7,230 shares of the financial services provider’s stock worth $52,000 after acquiring an additional 6,230 shares in the last quarter.

PIMCO Income Strategy Fund II Stock Up 0.7 %

Shares of PFN stock traded up $0.05 during trading hours on Friday, hitting $7.43. 165,106 shares of the company were exchanged, compared to its average volume of 303,801. The business has a 50 day moving average of $7.35 and a two-hundred day moving average of $7.15. PIMCO Income Strategy Fund II has a 52 week low of $5.93 and a 52 week high of $7.58.

PIMCO Income Strategy Fund II Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 13th will be given a dividend of $0.072 per share. This is an increase from PIMCO Income Strategy Fund II’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Friday, May 10th. This represents a $0.86 annualized dividend and a dividend yield of 11.63%.

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.