Raymond James Financial Services Advisors Inc. Has $1.44 Million Position in TCW Strategic Income Fund, Inc. (NYSE:TSI)

Raymond James Financial Services Advisors Inc. reduced its holdings in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 1.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 313,360 shares of the financial services provider’s stock after selling 4,657 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.66% of TCW Strategic Income Fund worth $1,438,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of TSI. Raymond James & Associates lifted its holdings in TCW Strategic Income Fund by 4.8% in the first quarter. Raymond James & Associates now owns 778,779 shares of the financial services provider’s stock valued at $4,011,000 after buying an additional 35,974 shares during the period. Atria Wealth Solutions Inc. acquired a new position in TCW Strategic Income Fund in the first quarter valued at approximately $77,000. Captrust Financial Advisors acquired a new position in TCW Strategic Income Fund in the second quarter valued at approximately $50,000. UBS Group AG increased its stake in TCW Strategic Income Fund by 1.8% in the third quarter. UBS Group AG now owns 155,858 shares of the financial services provider’s stock valued at $735,000 after purchasing an additional 2,690 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in TCW Strategic Income Fund by 13.5% in the third quarter. Commonwealth Equity Services LLC now owns 265,517 shares of the financial services provider’s stock valued at $1,253,000 after purchasing an additional 31,515 shares in the last quarter. 35.22% of the stock is currently owned by institutional investors and hedge funds.

TCW Strategic Income Fund Stock Up 0.2 %

Shares of NYSE:TSI opened at $4.65 on Friday. TCW Strategic Income Fund, Inc. has a 52 week low of $4.48 and a 52 week high of $4.87. The company has a 50 day moving average price of $4.70 and a two-hundred day moving average price of $4.67.

TCW Strategic Income Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 28th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 5.16%. The ex-dividend date of this dividend was Wednesday, March 27th.

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.