EverSource Wealth Advisors LLC Has $6.51 Million Stock Holdings in PIMCO Income Strategy Fund II (NYSE:PFN)

EverSource Wealth Advisors LLC grew its holdings in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 5.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 873,513 shares of the financial services provider’s stock after purchasing an additional 46,596 shares during the period. EverSource Wealth Advisors LLC’s holdings in PIMCO Income Strategy Fund II were worth $6,508,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PFN. GPS Wealth Strategies Group LLC boosted its stake 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 valued at $30,000 after purchasing an additional 2,169 shares during the last quarter. Ibex Wealth Advisors bought a new position in shares of PIMCO Income Strategy Fund II in the 4th quarter worth $82,000. Element Wealth LLC purchased a new position in PIMCO Income Strategy Fund II in the 4th quarter worth $159,000. Root Financial Partners LLC bought a new stake in PIMCO Income Strategy Fund II during the 4th quarter valued at $201,000. Finally, Elm3 Financial Group LLC purchased a new stake in PIMCO Income Strategy Fund II in the fourth quarter worth $288,000.

PIMCO Income Strategy Fund II Price Performance

Shares of PFN opened at $7.51 on Wednesday. PIMCO Income Strategy Fund II has a twelve month low of $6.96 and a twelve month high of $7.77. The company’s fifty day simple moving average is $7.52 and its 200-day simple moving average is $7.51.

PIMCO Income Strategy Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Thursday, March 13th will be paid a $0.0718 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 11.48%. The ex-dividend date of this dividend is Thursday, March 13th.

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.