Cottage Street Advisors LLC Sells 17,000 Shares of Pimco Income Strategy Fund II (PFN)

Cottage Street Advisors LLC lessened its position in shares of Pimco Income Strategy Fund II (NYSE:PFN) by 22.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,966 shares of the financial services provider’s stock after selling 17,000 shares during the period. Cottage Street Advisors LLC’s holdings in Pimco Income Strategy Fund II were worth $622,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE lifted its position in shares of Pimco Income Strategy Fund II by 66.6% during the 2nd quarter. Bank of America Corp DE now owns 241,323 shares of the financial services provider’s stock valued at $2,527,000 after buying an additional 96,467 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Pimco Income Strategy Fund II by 12.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 211,717 shares of the financial services provider’s stock valued at $2,217,000 after buying an additional 22,871 shares during the last quarter. Raymond James & Associates lifted its position in shares of Pimco Income Strategy Fund II by 53.5% during the 2nd quarter. Raymond James & Associates now owns 52,265 shares of the financial services provider’s stock valued at $547,000 after buying an additional 18,216 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Pimco Income Strategy Fund II by 18.0% during the 3rd quarter. Private Advisor Group LLC now owns 45,684 shares of the financial services provider’s stock valued at $482,000 after buying an additional 6,970 shares during the last quarter. Finally, Cornerstone Wealth Management LLC lifted its position in shares of Pimco Income Strategy Fund II by 608.7% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 28,612 shares of the financial services provider’s stock valued at $2,650,000 after buying an additional 24,575 shares during the last quarter.

Shares of NYSE PFN opened at $10.29 on Thursday. Pimco Income Strategy Fund II has a one year low of $9.80 and a one year high of $10.89.

The company also recently declared a monthly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Tuesday, November 13th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, November 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.33%.

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Pimco Income Strategy Fund II Company Profile

There is no company description available for PIMCO Income Strategy Fund II.

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

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