Kovitz Investment Group Partners LLC held its stake in TCW Strategic Income Fund, Inc. (NYSE:TSI) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 500,110 shares of the financial services provider’s stock at the end of the second quarter. Kovitz Investment Group Partners LLC’s holdings in TCW Strategic Income Fund were worth $2,821,000 as of its most recent SEC filing.
Separately, Aviance Capital Partners LLC increased its stake in TCW Strategic Income Fund by 3.1% in the second quarter. Aviance Capital Partners LLC now owns 84,495 shares of the financial services provider’s stock worth $477,000 after buying an additional 2,563 shares during the last quarter. Hedge funds and other institutional investors own 29.83% of the company’s stock.
TCW Strategic Income Fund, Inc. (NYSE TSI) traded up 0.71% during midday trading on Friday, hitting $5.70. 18,069 shares of the stock were exchanged. The company’s 50 day moving average is $5.62 and its 200 day moving average is $5.52. TCW Strategic Income Fund, Inc. has a 1-year low of $5.19 and a 1-year high of $6.16.
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TCW Strategic Income Fund Company Profile
TCW Strategic Income Fund, Inc is a diversified, closed-end investment management company. The Fund’s investment objective is to seek a total return consisted of current income and capital appreciation by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (the United States Government Securities), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by its investment advisor to be consistent with the Fund’s investment objective.
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