25,000 Shares in PIMCO Strategic Income Fund, Inc. (NYSE:RCS) Bought by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors purchased a new position in PIMCO Strategic Income Fund, Inc. (NYSE:RCS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 25,000 shares of the investment management company’s stock, valued at approximately $190,000.

Several other institutional investors also recently modified their holdings of the company. Mutual Advisors LLC boosted its position in shares of PIMCO Strategic Income Fund by 93.3% during the 4th quarter. Mutual Advisors LLC now owns 49,157 shares of the investment management company’s stock valued at $375,000 after acquiring an additional 23,724 shares in the last quarter. Bravias Capital Group LLC acquired a new stake in PIMCO Strategic Income Fund during the fourth quarter valued at approximately $632,000. Raymond James Financial Inc. acquired a new stake in PIMCO Strategic Income Fund during the fourth quarter valued at approximately $442,000. Straight Path Wealth Management grew its stake in shares of PIMCO Strategic Income Fund by 7.2% in the 4th quarter. Straight Path Wealth Management now owns 29,759 shares of the investment management company’s stock valued at $227,000 after purchasing an additional 2,011 shares during the period. Finally, HighTower Advisors LLC acquired a new position in shares of PIMCO Strategic Income Fund in the 4th quarter worth approximately $82,000. Institutional investors and hedge funds own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Stock Performance

PIMCO Strategic Income Fund stock opened at $6.20 on Tuesday. The business has a 50 day simple moving average of $5.92 and a 200 day simple moving average of $6.62. PIMCO Strategic Income Fund, Inc. has a one year low of $5.25 and a one year high of $8.09.

PIMCO Strategic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be issued a dividend of $0.04 per share. The ex-dividend date is Monday, May 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.74%.

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.