Raymond James Financial Services Advisors Inc. raised its holdings in Pimco Income Strategy Fund II (NYSE:PFN) by 17.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,875 shares of the financial services provider’s stock after acquiring an additional 2,900 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Pimco Income Strategy Fund II were worth $207,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Pimco Income Strategy Fund II by 1.6% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 13,508 shares of the financial services provider’s stock worth $141,000 after buying an additional 216 shares during the last quarter. Synovus Financial Corp lifted its stake in shares of Pimco Income Strategy Fund II by 1.5% in the second quarter. Synovus Financial Corp now owns 13,511 shares of the financial services provider’s stock worth $141,000 after buying an additional 201 shares during the last quarter. National Planning Corp lifted its stake 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 during the last quarter. IFP Advisors Inc lifted its stake 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 during the last quarter. Finally, Advisor Group Inc. lifted its stake in shares of Pimco Income Strategy Fund II by 4.1% in the second quarter. Advisor Group Inc. now owns 36,351 shares of the financial services provider’s stock worth $379,000 after buying an additional 1,438 shares during the last quarter.

Shares of Pimco Income Strategy Fund II (PFN) opened at $10.36 on Tuesday. Pimco Income Strategy Fund II has a one year low of $8.76 and a one year high of $10.88.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 13th will be paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.27%. The ex-dividend date is Friday, November 10th.

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Pimco Income Strategy Fund II 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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