D.A. Davidson & CO. Buys 8,147 Shares of Pimco Income Strategy Fund II (PFN)

D.A. Davidson & CO. raised its stake in shares of Pimco Income Strategy Fund II (NYSE:PFN) by 74.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,134 shares of the financial services provider’s stock after acquiring an additional 8,147 shares during the quarter. D.A. Davidson & CO.’s holdings in Pimco Income Strategy Fund II were worth $182,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PFN. Sheaff Brock Investment Advisors LLC purchased a new stake in shares of Pimco Income Strategy Fund II during the 4th quarter valued at approximately $103,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Pimco Income Strategy Fund II during the 4th quarter valued at approximately $55,000. CWM LLC purchased a new stake in shares of Pimco Income Strategy Fund II during the 4th quarter valued at approximately $44,000. We Are One Seven LLC purchased a new stake in shares of Pimco Income Strategy Fund II during the 4th quarter valued at approximately $36,000. Finally, NINE MASTS CAPITAL Ltd purchased a new stake in shares of Pimco Income Strategy Fund II during the 3rd quarter valued at approximately $657,000.

PFN stock opened at $10.28 on Thursday. Pimco Income Strategy Fund II has a one year low of $8.88 and a one year high of $10.87.

The company also recently declared a monthly dividend, which will be paid on Friday, March 1st. Stockholders of record on Monday, February 11th will be given a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 9.34%. The ex-dividend date of this dividend is Friday, February 8th.

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About Pimco Income Strategy Fund II

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.

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

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