Foundations Investment Advisors LLC Invests $77,000 in PIMCO Income Strategy Fund II (NYSE:PFN)
Foundations Investment Advisors LLC purchased a new position in PIMCO Income Strategy Fund II (NYSE:PFN – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 10,281 shares of the financial services provider’s stock, valued at approximately $77,000. Other institutional investors have also recently added to or reduced their stakes in the company. TCG Advisory Services LLC increased its position in shares of PIMCO Income Strategy Fund II by 1.8% in the 4th quarter. TCG Advisory Services LLC now owns 99,659 shares of the financial services provider’s stock worth $721,000 after purchasing an additional 1,752 shares during the last quarter. Consolidated Portfolio Review Corp increased its holdings in PIMCO Income Strategy Fund II by 0.8% in the third quarter. Consolidated Portfolio Review Corp now owns 366,405 shares of the financial services provider’s stock valued at $2,415,000 after buying an additional 2,805 shares during the last quarter. Certified Advisory Corp lifted its holdings in PIMCO Income Strategy Fund II by 3.2% during the 3rd quarter. Certified Advisory Corp now owns 126,989 shares of the financial services provider’s stock worth $837,000 after buying an additional 3,963 shares during the last quarter. Koshinski Asset Management Inc. increased its holdings in shares of PIMCO Income Strategy Fund II by 50.5% in the 4th quarter. Koshinski Asset Management Inc. now owns 17,642 shares of the financial services provider’s stock valued at $128,000 after acquiring an additional 5,921 shares during the last quarter. Finally, CoreCap Advisors LLC raised its position in shares of PIMCO Income Strategy Fund II by 7.5% during the 4th quarter. CoreCap Advisors LLC now owns 86,305 shares of the financial services provider’s stock valued at $624,000 after acquiring an additional 5,995 shares in the last quarter. PIMCO Income Strategy Fund II Price Performance PIMCO Income Strategy Fund II stock opened at $7.35 on Monday. PIMCO Income Strategy Fund II has a 12 month low of $5.93 and a 12 month high of $7.58. The company has a fifty day moving average price of $7.34 and a two-hundred day moving average price of $7.25. PIMCO Income Strategy Fund II Increases Dividend The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, May 13th will be paid a dividend of $0.072 per share. This is a positive change 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 yield of 11.76%. PIMCO Income Strategy Fund II Company Profile (Free Report) 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.
