Cetera Investment Advisers Has $446,000 Position in PIMCO Strategic Income Fund, Inc. $RCS

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

Several other large investors have also recently bought and sold shares of the stock. Janney Montgomery Scott LLC lifted its position in shares of PIMCO Strategic Income Fund by 15.2% in the first quarter. Janney Montgomery Scott LLC now owns 141,651 shares of the investment management company’s stock valued at $885,000 after buying an additional 18,687 shares during the last quarter. Stifel Financial Corp bought a new position in PIMCO Strategic Income Fund during the 4th quarter worth $80,000. Owen LaRue LLC increased its stake in PIMCO Strategic Income Fund by 3.4% during the 4th quarter. Owen LaRue LLC now owns 202,630 shares of the investment management company’s stock worth $1,544,000 after acquiring an additional 6,631 shares during the period. Raymond James Financial Inc. bought a new position in shares of PIMCO Strategic Income Fund in the 4th quarter valued at $442,000. Finally, Mutual Advisors LLC increased its stake in shares of PIMCO Strategic Income Fund by 32.8% in the 1st quarter. Mutual Advisors LLC now owns 65,258 shares of the investment management company’s stock valued at $408,000 after purchasing an additional 16,101 shares during the last quarter. 13.48% of the stock is owned by institutional investors and hedge funds.

PIMCO Strategic Income Fund Stock Performance

Shares of RCS opened at $7.12 on Monday. PIMCO Strategic Income Fund, Inc. has a 52-week low of $5.25 and a 52-week high of $8.09. The business’s fifty day moving average is $7.01 and its 200-day moving average is $6.45.

PIMCO Strategic Income Fund Announces Dividend

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