Thrivent Financial for Lutherans Has $737,000 Stock Holdings in PIMCO Income Strategy Fund II (NYSE:PFN)

Thrivent Financial for Lutherans raised its position in shares of PIMCO Income Strategy Fund II (NYSE:PFN) by 32.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,000 shares of the financial services provider’s stock after purchasing an additional 24,000 shares during the period. Thrivent Financial for Lutherans’ holdings in PIMCO Income Strategy Fund II were worth $737,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PFN. Avantax Advisory Services Inc. bought a new position in PIMCO Income Strategy Fund II in the 4th quarter valued at approximately $87,000. EverSource Wealth Advisors LLC lifted its stake in shares of PIMCO Income Strategy Fund II by 5.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 873,513 shares of the financial services provider’s stock valued at $6,508,000 after acquiring an additional 46,596 shares during the last quarter. Moors & Cabot Inc. boosted its holdings in shares of PIMCO Income Strategy Fund II by 210.0% during the 4th quarter. Moors & Cabot Inc. now owns 50,576 shares of the financial services provider’s stock valued at $377,000 after acquiring an additional 34,259 shares in the last quarter. Raymond James Financial Inc. bought a new stake in PIMCO Income Strategy Fund II during the 4th quarter worth $3,445,000. Finally, Noble Wealth Management PBC acquired a new position in PIMCO Income Strategy Fund II in the 4th quarter worth about $2,471,000.

PIMCO Income Strategy Fund II Stock Performance

Shares of NYSE PFN opened at $7.54 on Thursday. The firm has a 50 day moving average price of $7.54 and a two-hundred day moving average price of $7.52. PIMCO Income Strategy Fund II has a 52-week low of $6.96 and a 52-week high of $7.77.

PIMCO Income Strategy Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Thursday, March 13th were given a dividend of $0.0718 per share. This represents a $0.86 annualized dividend and a dividend yield of 11.43%. The ex-dividend date of this dividend was Thursday, March 13th.

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.