National Asset Management Inc. trimmed its holdings in shares of Pimco Income Strategy Fund II (NYSE:PFN) by 9.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,165 shares of the financial services provider’s stock after selling 13,253 shares during the quarter. National Asset Management Inc.’s holdings in Pimco Income Strategy Fund II were worth $1,349,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PFN. Janney Montgomery Scott LLC increased its position in shares of Pimco Income Strategy Fund II by 0.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 86,794 shares of the financial services provider’s stock worth $906,000 after purchasing an additional 600 shares during the last quarter. IFP Advisors Inc increased its position in shares of Pimco Income Strategy Fund II by 16.7% during the 2nd quarter. IFP Advisors Inc now owns 31,468 shares of the financial services provider’s stock worth $329,000 after purchasing an additional 4,493 shares during the last quarter. National Planning Corp increased its position in shares of Pimco Income Strategy Fund II by 62.8% during the 2nd quarter. National Planning Corp now owns 25,447 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 9,818 shares during the last quarter. Wedbush Securities Inc. increased its position in shares of Pimco Income Strategy Fund II by 4.0% during the 2nd quarter. Wedbush Securities Inc. now owns 60,305 shares of the financial services provider’s stock worth $630,000 after purchasing an additional 2,300 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of Pimco Income Strategy Fund II by 1.6% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 13,508 shares of the financial services provider’s stock worth $141,000 after purchasing an additional 216 shares during the last quarter.

Shares of Pimco Income Strategy Fund II (NYSE:PFN) traded down 0.47% during mid-day trading on Thursday, hitting $10.67. The company had a trading volume of 152,610 shares. The firm has a 50-day moving average of $10.63 and a 200-day moving average of $10.49. Pimco Income Strategy Fund II has a 12 month low of $8.76 and a 12 month high of $10.88.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 1st. Investors of record on Friday, October 13th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, October 12th. This represents a $0.96 annualized dividend and a yield of 8.89%.

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About Pimco Income Strategy Fund II

PIMCO Income Strategy Fund II (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is to seek high current income, consistent with the preservation of capital. The Fund allocates assets in varying proportions among floating- and fixed-rate debt instruments, as well as among investment grade and non-investment-grade securities.

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

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