International Assets Investment Management LLC Has $977,000 Position in TCW Strategic Income Fund, Inc. (NYSE:TSI)

International Assets Investment Management LLC grew its holdings in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 310.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 212,893 shares of the financial services provider’s stock after buying an additional 161,038 shares during the quarter. International Assets Investment Management LLC owned 0.45% of TCW Strategic Income Fund worth $977,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. bought a new stake in TCW Strategic Income Fund in the third quarter valued at about $44,000. Private Management Group Inc. bought a new stake in shares of TCW Strategic Income Fund in the 3rd quarter valued at approximately $71,000. Whitener Capital Management Inc. raised its holdings in shares of TCW Strategic Income Fund by 46.1% in the 3rd quarter. Whitener Capital Management Inc. now owns 26,445 shares of the financial services provider’s stock worth $121,000 after buying an additional 8,340 shares in the last quarter. RDA Financial Network raised its holdings in shares of 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 worth $199,000 after buying an additional 3,640 shares in the last quarter. Finally, Riverbridge Partners LLC lifted its position in shares of TCW Strategic Income Fund by 13.9% during the 3rd quarter. Riverbridge Partners LLC now owns 136,574 shares of the financial services provider’s stock worth $626,000 after buying an additional 16,705 shares during the period. 35.22% of the stock is owned by institutional investors.

TCW Strategic Income Fund Trading Down 0.2 %

Shares of NYSE:TSI opened at $4.59 on Tuesday. The business’s fifty day moving average price is $4.68 and its two-hundred day moving average price is $4.68. TCW Strategic Income Fund, Inc. has a fifty-two week low of $4.48 and a fifty-two week high of $4.87.

TCW Strategic Income Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 28th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 5.23%. The ex-dividend date of this dividend 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.