SeaCrest Wealth Management LLC Buys 2,674 Shares of Pimco Income Strategy Fund II (NYSE:PFN)

SeaCrest Wealth Management LLC raised its stake in Pimco Income Strategy Fund II (NYSE:PFN) by 7.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,998 shares of the financial services provider’s stock after acquiring an additional 2,674 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Pimco Income Strategy Fund II were worth $412,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Enterprise Financial Services Corp bought a new position in shares of Pimco Income Strategy Fund II in the first quarter worth about $91,000. RDA Financial Network bought a new position in shares of Pimco Income Strategy Fund II in the first quarter worth about $111,000. Jupiter Wealth Management LLC bought a new position in shares of Pimco Income Strategy Fund II in the first quarter worth about $122,000. MML Investors Services LLC lifted its holdings in shares of Pimco Income Strategy Fund II by 34.2% in the fourth quarter. MML Investors Services LLC now owns 19,733 shares of the financial services provider’s stock worth $188,000 after acquiring an additional 5,031 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Pimco Income Strategy Fund II by 17.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 23,528 shares of the financial services provider’s stock worth $224,000 after acquiring an additional 3,503 shares during the last quarter.

Shares of PFN stock traded up $0.03 on Friday, reaching $10.74. The company had a trading volume of 1,900 shares, compared to its average volume of 176,034. The firm has a 50-day simple moving average of $10.63. 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 disclosed a monthly dividend, which was paid on Thursday, August 1st. Stockholders of record on Friday, July 12th were paid a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 8.94%. The ex-dividend date was Thursday, July 11th.

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.

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

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