Northside Capital Management LLC Sells 29,953 Shares of TCW Strategic Income Fund, Inc. (NYSE:TSI)

Northside Capital Management LLC cut its stake in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,101,272 shares of the financial services provider’s stock after selling 29,953 shares during the period. TCW Strategic Income Fund makes up approximately 0.9% of Northside Capital Management LLC’s holdings, making the stock its 16th biggest position. Northside Capital Management LLC owned 2.30% of TCW Strategic Income Fund worth $5,650,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC acquired a new stake in shares of TCW Strategic Income Fund during the 2nd quarter valued at about $68,000. Merriman Wealth Management LLC bought a new position in shares of TCW Strategic Income Fund during the 2nd quarter worth approximately $48,000. Transatlantique Private Wealth LLC increased its position in TCW Strategic Income Fund by 36.7% in the 2nd quarter. Transatlantique Private Wealth LLC now owns 56,565 shares of the financial services provider’s stock valued at $268,000 after acquiring an additional 15,190 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in shares of TCW Strategic Income Fund in the second quarter valued at approximately $108,000. Finally, Tortoise Investment Management LLC bought a new stake in shares of TCW Strategic Income Fund during the second quarter worth $490,000. Institutional investors own 35.22% of the company’s stock.

TCW Strategic Income Fund Stock Up 0.6 %

Shares of NYSE TSI traded up $0.03 during mid-day trading on Friday, hitting $5.12. The company’s stock had a trading volume of 85,465 shares, compared to its average volume of 110,930. The company’s fifty day simple moving average is $5.09 and its 200-day simple moving average is $4.84. TCW Strategic Income Fund, Inc. has a one year low of $4.48 and a one year high of $5.21.

TCW Strategic Income Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Monday, September 30th were paid a dividend of $0.06 per share. The ex-dividend date was Monday, September 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.69%.

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.