TCW Strategic Income Fund, Inc. (NYSE:TSI) is Northside Capital Management LLC’s 7th Largest Position

Northside Capital Management LLC reduced its position in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) by 3.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,436,336 shares of the financial services provider’s stock after selling 54,294 shares during the period. TCW Strategic Income Fund accounts for approximately 2.9% of Northside Capital Management LLC’s portfolio, making the stock its 7th largest position. Northside Capital Management LLC owned 3.01% of TCW Strategic Income Fund worth $8,158,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TSI. Cambridge Investment Research Advisors Inc. raised its stake in TCW Strategic Income Fund by 15.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 13,161 shares of the financial services provider’s stock worth $76,000 after buying an additional 1,809 shares in the last quarter. US Bancorp DE raised its stake in TCW Strategic Income Fund by 72.4% in the second quarter. US Bancorp DE now owns 9,525 shares of the financial services provider’s stock worth $55,000 after buying an additional 4,000 shares in the last quarter. First Foundation Advisors raised its stake in TCW Strategic Income Fund by 0.5% in the second quarter. First Foundation Advisors now owns 1,262,355 shares of the financial services provider’s stock worth $7,258,000 after buying an additional 6,352 shares in the last quarter. Sullivan Bruyette Speros & Blaney LLC raised its stake in TCW Strategic Income Fund by 17.6% in the second quarter. Sullivan Bruyette Speros & Blaney LLC now owns 49,510 shares of the financial services provider’s stock worth $285,000 after buying an additional 7,418 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in TCW Strategic Income Fund by 47.6% in the second quarter. Commonwealth Equity Services LLC now owns 31,950 shares of the financial services provider’s stock worth $183,000 after buying an additional 10,304 shares in the last quarter. Institutional investors own 29.45% of the company’s stock.

TSI stock traded up $0.01 during trading on Friday, reaching $5.71. The company had a trading volume of 2,296 shares, compared to its average volume of 142,216. TCW Strategic Income Fund, Inc. has a 52 week low of $5.20 and a 52 week high of $5.87. The business has a 50 day moving average of $5.75 and a 200 day moving average of $5.65.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Investors of record on Monday, September 30th will be paid a $0.084 dividend. This is an increase from TCW Strategic Income Fund’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date is Friday, September 27th.

About TCW Strategic Income Fund

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.

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Institutional Ownership by Quarter for TCW Strategic Income Fund (NYSE:TSI)

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