Wagner Wealth Management LLC Makes New $537,000 Investment in PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

Wagner Wealth Management LLC acquired a new position in PIMCO Strategic Income Fund, Inc. (NYSE:RCSFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 88,361 shares of the investment management company’s stock, valued at approximately $537,000.

A number of other hedge funds have also recently added to or reduced their stakes in RCS. Private Advisor Group LLC acquired a new position in PIMCO Strategic Income Fund in the first quarter worth $62,000. NewEdge Advisors LLC boosted its holdings in shares of PIMCO Strategic Income Fund by 1.1% during the first quarter. NewEdge Advisors LLC now owns 185,800 shares of the investment management company’s stock valued at $1,093,000 after acquiring an additional 2,100 shares during the period. Worth Asset Management LLC acquired a new position in shares of PIMCO Strategic Income Fund during the first quarter valued at $38,000. Rivernorth Capital Management LLC acquired a new position in shares of PIMCO Strategic Income Fund during the first quarter valued at $3,156,000. Finally, Guggenheim Capital LLC boosted its holdings in shares of PIMCO Strategic Income Fund by 15.2% during the first quarter. Guggenheim Capital LLC now owns 518,117 shares of the investment management company’s stock valued at $3,047,000 after acquiring an additional 68,369 shares during the period. Institutional investors and hedge funds own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Price Performance

Shares of RCS opened at $6.09 on Friday. PIMCO Strategic Income Fund, Inc. has a 1 year low of $4.51 and a 1 year high of $6.31. The firm has a fifty day moving average of $6.11 and a 200-day moving average of $5.73.

PIMCO Strategic Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, April 1st. Stockholders of record on Monday, March 11th will be issued a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 10.05%. The ex-dividend date of this dividend is Friday, March 8th.

PIMCO Strategic Income Fund Profile

(Free Report)

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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