Invesco Ltd. Increases Position in PIMCO Income Strategy Fund II (NYSE:PFN)

Invesco Ltd. grew its holdings in PIMCO Income Strategy Fund II (NYSE:PFN – Free Report) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).

The institutional investor owned 639,707 shares of the financial services provider’s stock after purchasing an additional 32,872 shares during the quarter. Invesco Ltd.’s holdings in PIMCO Income Strategy Fund II were worth $4,766,000 as of its most recent SEC filing.



Several other institutional investors and hedge funds have also made changes to their positions in the stock. GPS Wealth Strategies Group LLC increased its holdings in shares of PIMCO Income Strategy Fund II by 114.2% in the fourth quarter.

GPS Wealth Strategies Group LLC now owns 4,069 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 2,169 shares during the last quarter. World Investment Advisors acquired a new stake in shares of PIMCO Income Strategy Fund II in the 4th quarter worth $80,000. Ibex Wealth Advisors purchased a new position in shares of PIMCO Income Strategy Fund II during the 4th quarter worth $82,000.

Avantax Advisory Services Inc. purchased a new position in shares of PIMCO Income Strategy Fund II during the 4th quarter worth $87,000. Finally, Landscape Capital Management L.

L.C. acquired a new position in shares of PIMCO Income Strategy Fund II during the 4th quarter valued at about $128,000.

PIMCO Income Strategy Fund II Stock PerformancePIMCO Income Strategy Fund II stock opened at $7.21 on Friday. The company has a 50-day moving average price of $7.

36 and a 200 day moving average price of $7.45. PIMCO Income Strategy Fund II has a 12-month low of $6.

26 and a 12-month high of $7.77. PIMCO Income Strategy Fund II Dividend AnnouncementThe company also recently declared a monthly dividend, which will be paid on Thursday, May 1st.

Stockholders of record on Friday, April 11th will be given a dividend of $0.0718 per share. This represents a $0.

86 annualized dividend and a dividend yield of 11.95%. The ex-dividend date is Friday, April 11th.

About PIMCO Income Strategy Fund II (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.Featured StoriesFive stocks we like better than PIMCO Income Strategy Fund IIHow Can Investors Benefit From After-Hours TradingMarkets Think Robinhood Earnings Could Send the Stock UpWhat is Put Option Volume?Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Dividend Payout Ratio CalculatorAT&T: Subscriber Growth & Buybacks Signal Bullish TurnaroundWant to see what other hedge funds are holding PFN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Income Strategy Fund II (NYSE:PFN – Free Report).

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