Sigma Planning Corp Has $54,000 Stock Holdings in TCW Strategic Income Fund, Inc. (NYSE:TSI)

Sigma Planning Corp lowered its holdings in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) by 71.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,861 shares of the financial services provider’s stock after selling 30,090 shares during the period. Sigma Planning Corp’s holdings in TCW Strategic Income Fund were worth $54,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. 1607 Capital Partners LLC raised its holdings in TCW Strategic Income Fund by 9.6% during the third quarter. 1607 Capital Partners LLC now owns 2,122,669 shares of the financial services provider’s stock worth $9,722,000 after buying an additional 186,300 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of TCW Strategic Income Fund by 7.9% in the fourth quarter. Raymond James & Associates now owns 933,097 shares of the financial services provider’s stock valued at $4,283,000 after purchasing an additional 68,645 shares in the last quarter. SeaBridge Investment Advisors LLC boosted its position in shares of TCW Strategic Income Fund by 4.7% during the fourth quarter. SeaBridge Investment Advisors LLC now owns 439,905 shares of the financial services provider’s stock valued at $2,019,000 after buying an additional 19,659 shares during the last quarter. International Assets Investment Management LLC grew its holdings in TCW Strategic Income Fund by 310.6% during the fourth quarter. International Assets Investment Management LLC now owns 212,893 shares of the financial services provider’s stock worth $977,000 after buying an additional 161,038 shares in the last quarter. Finally, RDA Financial Network raised its position in TCW Strategic Income Fund by 9.2% in the 4th quarter. RDA Financial Network now owns 43,372 shares of the financial services provider’s stock valued at $199,000 after buying an additional 3,640 shares during the last quarter. 35.22% of the stock is currently owned by institutional investors.

TCW Strategic Income Fund Stock Performance

Shares of NYSE:TSI opened at $4.54 on Tuesday. The stock’s fifty day simple moving average is $4.67 and its two-hundred day simple moving average is $4.68. TCW Strategic Income Fund, Inc. has a 1-year low of $4.48 and a 1-year high of $4.87.

TCW Strategic Income Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 28th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 5.29%. The ex-dividend date was Wednesday, March 27th.

TCW Strategic Income Fund Company Profile

TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.