Mid Atlantic Financial Management Inc. ADV Boosts Position in Pimco Income Strategy Fund II (PFN)

Mid Atlantic Financial Management Inc. ADV increased its stake in Pimco Income Strategy Fund II (NYSE:PFN) by 15.7% during the first quarter, HoldingsChannel.com reports. The firm owned 80,890 shares of the financial services provider’s stock after acquiring an additional 11,000 shares during the period. Mid Atlantic Financial Management Inc. ADV’s holdings in Pimco Income Strategy Fund II were worth $832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Morgan Stanley lifted its stake in Pimco Income Strategy Fund II by 10.3% in the 3rd quarter. Morgan Stanley now owns 374,388 shares of the financial services provider’s stock worth $3,950,000 after acquiring an additional 35,054 shares in the last quarter. We Are One Seven LLC purchased a new stake in Pimco Income Strategy Fund II in the 4th quarter worth about $36,000. CWM LLC purchased a new stake in Pimco Income Strategy Fund II in the 4th quarter worth about $44,000. Flagship Harbor Advisors LLC purchased a new stake in Pimco Income Strategy Fund II in the 4th quarter worth about $55,000. Finally, Sheaff Brock Investment Advisors LLC purchased a new stake in Pimco Income Strategy Fund II in the 4th quarter worth about $103,000.

Shares of Pimco Income Strategy Fund II stock opened at $10.43 on Friday. Pimco Income Strategy Fund II has a 1 year low of $8.88 and a 1 year high of $10.87.

The company also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 13th will be paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.20%. The ex-dividend date of this dividend is Friday, May 10th.

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About Pimco Income Strategy Fund II

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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