PIMCO Strategic Income Fund, Inc. $RCS Shares Sold by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. reduced its holdings in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 9.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,231 shares of the investment management company’s stock after selling 1,655 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in PIMCO Strategic Income Fund were worth $106,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Comerica Bank boosted its position in shares of PIMCO Strategic Income Fund by 959.0% during the 1st quarter. Comerica Bank now owns 5,295 shares of the investment management company’s stock worth $33,000 after acquiring an additional 4,795 shares in the last quarter. Ieq Capital LLC acquired a new position in shares of PIMCO Strategic Income Fund during the 1st quarter worth about $63,000. Barnes Wealth Management Group Inc boosted its position in shares of PIMCO Strategic Income Fund by 61.9% during the 1st quarter. Barnes Wealth Management Group Inc now owns 16,875 shares of the investment management company’s stock worth $105,000 after acquiring an additional 6,450 shares in the last quarter. Modern Wealth Management LLC acquired a new position in shares of PIMCO Strategic Income Fund during the 1st quarter worth about $191,000. Finally, Mutual Advisors LLC boosted its position in shares of PIMCO Strategic Income Fund by 32.8% during the 1st quarter. Mutual Advisors LLC now owns 65,258 shares of the investment management company’s stock worth $408,000 after acquiring an additional 16,101 shares in the last quarter. 13.48% of the stock is owned by institutional investors and hedge funds.

PIMCO Strategic Income Fund Stock Up 0.5%

NYSE:RCS opened at $7.53 on Tuesday. The stock has a 50-day simple moving average of $7.18 and a 200-day simple moving average of $6.61. PIMCO Strategic Income Fund, Inc. has a 1 year low of $5.25 and a 1 year high of $8.09.

PIMCO Strategic Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Friday, September 12th will be given a dividend of $0.04 per share. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, September 12th.

PIMCO Strategic Income Fund Company 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.