Janney Montgomery Scott LLC Boosts Stake in PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

Janney Montgomery Scott LLC lifted its holdings in PIMCO Strategic Income Fund, Inc. (NYSE:RCSGet Rating) by 9.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,557 shares of the investment management company’s stock after buying an additional 6,350 shares during the period. Janney Montgomery Scott LLC’s holdings in PIMCO Strategic Income Fund were worth $367,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. NewEdge Advisors LLC lifted its stake in shares of PIMCO Strategic Income Fund by 1.1% in the first quarter. NewEdge Advisors LLC now owns 185,800 shares of the investment management company’s stock worth $1,093,000 after buying an additional 2,100 shares in the last quarter. CoreCap Advisors LLC raised its stake in PIMCO Strategic Income Fund by 65.0% during the first quarter. CoreCap Advisors LLC now owns 12,950 shares of the investment management company’s stock worth $76,000 after purchasing an additional 5,100 shares during the period. Worth Asset Management LLC purchased a new position in PIMCO Strategic Income Fund during the first quarter worth about $38,000. Pinnacle Associates Ltd. purchased a new position in PIMCO Strategic Income Fund during the second quarter worth about $52,000. Finally, Private Advisor Group LLC purchased a new position in PIMCO Strategic Income Fund during the first quarter worth about $62,000.

PIMCO Strategic Income Fund Stock Down 1.0 %

Shares of RCS stock opened at $5.05 on Monday. The firm’s 50-day moving average is $5.02 and its two-hundred day moving average is $5.19. PIMCO Strategic Income Fund, Inc. has a 12 month low of $4.61 and a 12 month high of $7.61.

PIMCO Strategic Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Monday, November 14th will be paid a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 12.12%. The ex-dividend date is Thursday, November 10th.

About PIMCO Strategic Income Fund

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PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.

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Institutional Ownership by Quarter for PIMCO Strategic Income Fund (NYSE:RCS)

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