Atria Wealth Solutions Inc. Sells 5,553 Shares of TCW Strategic Income Fund, Inc. $TSI

Atria Wealth Solutions Inc. cut its stake in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) by 30.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,665 shares of the financial services provider’s stock after selling 5,553 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in TCW Strategic Income Fund were worth $62,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TSI. NBC Securities Inc. lifted its holdings in shares of TCW Strategic Income Fund by 107,262.5% during the first quarter. NBC Securities Inc. now owns 8,589 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 8,581 shares during the period. Avidian Wealth Enterprises LLC bought a new position in shares of TCW Strategic Income Fund during the first quarter valued at $49,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of TCW Strategic Income Fund during the fourth quarter valued at $49,000. Sowell Financial Services LLC bought a new position in shares of TCW Strategic Income Fund during the first quarter valued at $162,000. Finally, Bank of America Corp DE lifted its holdings in shares of TCW Strategic Income Fund by 11.7% during the fourth quarter. Bank of America Corp DE now owns 39,930 shares of the financial services provider’s stock valued at $192,000 after acquiring an additional 4,167 shares during the period. 35.22% of the stock is owned by institutional investors.

TCW Strategic Income Fund Price Performance

Shares of NYSE TSI opened at $4.92 on Monday. The business has a fifty day moving average of $4.91 and a two-hundred day moving average of $4.89. TCW Strategic Income Fund, Inc. has a 52-week low of $4.61 and a 52-week high of $5.21.

TCW Strategic Income Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Monday, June 30th were issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, June 30th.

TCW Strategic Income Fund 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.