Semus Wealth Partners LLC Sells 13,222 Shares of PIMCO Income Strategy Fund II (NYSE:PFN)

Semus Wealth Partners LLC lessened its stake in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 28.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,920 shares of the financial services provider’s stock after selling 13,222 shares during the period. Semus Wealth Partners LLC’s holdings in PIMCO Income Strategy Fund II were worth $245,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Stifel Financial Corp grew its stake in PIMCO Income Strategy Fund II by 23.2% in the 3rd quarter. Stifel Financial Corp now owns 94,524 shares of the financial services provider’s stock valued at $720,000 after buying an additional 17,773 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in shares of PIMCO Income Strategy Fund II by 22.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 124,667 shares of the financial services provider’s stock valued at $929,000 after purchasing an additional 22,597 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of PIMCO Income Strategy Fund II by 138.3% in the third quarter. J.W. Cole Advisors Inc. now owns 105,608 shares of the financial services provider’s stock worth $805,000 after purchasing an additional 61,283 shares during the period. International Assets Investment Management LLC increased its stake in shares of PIMCO Income Strategy Fund II by 662.0% in the third quarter. International Assets Investment Management LLC now owns 7,620 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 6,620 shares during the period. Finally, Atomi Financial Group Inc. lifted its position in shares of PIMCO Income Strategy Fund II by 6.5% during the 4th quarter. Atomi Financial Group Inc. now owns 50,975 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 3,122 shares during the last quarter.

PIMCO Income Strategy Fund II Stock Up 0.5 %

PFN opened at $7.57 on Wednesday. The stock’s 50 day moving average price is $7.48 and its two-hundred day moving average price is $7.47. PIMCO Income Strategy Fund II has a 12-month low of $6.96 and a 12-month high of $7.76.

PIMCO Income Strategy Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, February 13th will be paid a $0.0718 dividend. The ex-dividend date is Thursday, February 13th. This represents a $0.86 annualized dividend and a dividend yield of 11.39%.

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.