PIMCO Strategic Income Fund, Inc. (NYSE:RCS) Stake Boosted by Owen LaRue LLC

Owen LaRue LLC boosted its stake in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 3.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 202,630 shares of the investment management company’s stock after buying an additional 6,631 shares during the period. Owen LaRue LLC’s holdings in PIMCO Strategic Income Fund were worth $1,544,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. LPL Financial LLC increased its holdings in PIMCO Strategic Income Fund by 15.5% in the fourth quarter. LPL Financial LLC now owns 1,239,924 shares of the investment management company’s stock worth $9,448,000 after buying an additional 166,096 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of PIMCO Strategic Income Fund in the fourth quarter valued at approximately $442,000. HighTower Advisors LLC bought a new stake in shares of PIMCO Strategic Income Fund in the fourth quarter valued at approximately $82,000. Bravias Capital Group LLC acquired a new position in shares of PIMCO Strategic Income Fund in the fourth quarter valued at $632,000. Finally, Keystone Financial Group acquired a new stake in shares of PIMCO Strategic Income Fund in the 4th quarter valued at $407,000. Institutional investors and hedge funds own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Stock Down 0.4 %

Shares of PIMCO Strategic Income Fund stock opened at $5.58 on Tuesday. PIMCO Strategic Income Fund, Inc. has a 1-year low of $5.25 and a 1-year high of $8.09. The firm’s 50-day moving average price is $6.00 and its two-hundred day moving average price is $6.78.

PIMCO Strategic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Friday, April 11th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a $0.48 annualized dividend and a yield of 8.60%.

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.