Valley Brook Capital Group Makes New $64,000 Investment in PIMCO Income Strategy Fund II (NYSE:PFN)


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Valley Brook Capital Group bought a new position in shares of PIMCO Income Strategy Fund II (NYSE:PFN) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,502 shares of the financial services provider’s stock, valued at approximately $64,000.

A number of other hedge funds have also recently added to or reduced their stakes in PFN. Sightline Wealth Advisors LLC bought a new position in PIMCO Income Strategy Fund II during the 4th quarter worth about $3,374,000. Clear Creek Financial Management LLC bought a new position in PIMCO Income Strategy Fund II during the 4th quarter worth about $651,000. LPL Financial LLC increased its holdings in PIMCO Income Strategy Fund II by 8.8% during the 4th quarter. LPL Financial LLC now owns 534,355 shares of the financial services provider’s stock worth $5,306,000 after purchasing an additional 43,315 shares in the last quarter. Citigroup Inc. increased its holdings in PIMCO Income Strategy Fund II by 3,251.3% during the 4th quarter. Citigroup Inc. now owns 37,233 shares of the financial services provider’s stock worth $370,000 after purchasing an additional 36,122 shares in the last quarter. Finally, Main Street Financial Solutions LLC bought a new position in PIMCO Income Strategy Fund II during the 4th quarter worth about $354,000.

PFN stock opened at $10.42 on Thursday. The stock has a 50-day moving average price of $10.25 and a two-hundred day moving average price of $9.79. PIMCO Income Strategy Fund II has a 1 year low of $7.45 and a 1 year high of $10.44.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, May 3rd. Stockholders of record on Monday, April 12th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, April 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.21%.

PIMCO Income Strategy Fund II Profile

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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