Cetera Investment Advisers Grows Stock Position in PIMCO Strategic Income Fund, Inc. $RCS

Cetera Investment Advisers increased its holdings in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 21.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 71,309 shares of the investment management company’s stock after buying an additional 12,489 shares during the quarter. Cetera Investment Advisers owned about 0.15% of PIMCO Strategic Income Fund worth $446,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Benjamin Edwards Inc. lifted its position in PIMCO Strategic Income Fund by 1.3% during the fourth quarter. Benjamin Edwards Inc. now owns 390,586 shares of the investment management company’s stock worth $2,976,000 after buying an additional 5,053 shares during the period. Owen LaRue LLC lifted its position in PIMCO Strategic Income Fund by 3.4% during the fourth quarter. Owen LaRue LLC now owns 202,630 shares of the investment management company’s stock worth $1,544,000 after buying an additional 6,631 shares during the period. Stifel Financial Corp purchased a new position in PIMCO Strategic Income Fund during the fourth quarter worth about $80,000. Mutual Advisors LLC lifted its position in PIMCO Strategic Income Fund by 32.8% during the first quarter. Mutual Advisors LLC now owns 65,258 shares of the investment management company’s stock worth $408,000 after buying an additional 16,101 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in PIMCO Strategic Income Fund by 15.2% during the first quarter. Janney Montgomery Scott LLC now owns 141,651 shares of the investment management company’s stock worth $885,000 after buying an additional 18,687 shares during the period. 13.48% of the stock is currently owned by hedge funds and other institutional investors.

PIMCO Strategic Income Fund Stock Performance

Shares of NYSE:RCS opened at $7.12 on Monday. The business has a 50-day moving average of $7.01 and a two-hundred day moving average of $6.45. PIMCO Strategic Income Fund, Inc. has a 12 month low of $5.25 and a 12 month high of $8.09.

PIMCO Strategic Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a dividend of $0.04 per share. The ex-dividend date is Monday, August 11th. This represents a c) annualized dividend and a yield of 6.7%.

PIMCO Strategic Income Fund Profile

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.