Andrew Tarica Sells 10,799 Shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) Stock

TCW Strategic Income Fund, Inc. (NYSE:TSI) Director Andrew Tarica sold 10,799 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $5.08, for a total value of $54,858.92. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Andrew Tarica also recently made the following trade(s):

• On Thursday, November 7th, Andrew Tarica sold 1,500 shares of TCW Strategic Income Fund stock. The stock was sold at an average price of $5.10, for a total value of $7,650.00.
• On Tuesday, November 5th, Andrew Tarica sold 12,300 shares of TCW Strategic Income Fund stock. The shares were sold at an average price of $5.04, for a total value of $61,992.00.

TCW Strategic Income Fund Stock Performance

NYSE:TSI opened at $4.94 on Thursday. TCW Strategic Income Fund, Inc. has a 52 week low of $4.52 and a 52 week high of $5.21. The company has a fifty day simple moving average of $5.08 and a two-hundred day simple moving average of $4.89.

TCW Strategic Income Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Monday, September 30th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.24 annualized dividend and a dividend yield of 4.86%.

Institutional Trading of TCW Strategic Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Comerica Bank acquired a new stake in TCW Strategic Income Fund during the 1st quarter worth $29,000. Merriman Wealth Management LLC purchased a new position in shares of TCW Strategic Income Fund during the second quarter worth about $48,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of TCW Strategic Income Fund by 19.9% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 12,119 shares of the financial services provider’s stock worth $62,000 after purchasing an additional 2,010 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of TCW Strategic Income Fund in the 2nd quarter valued at about $68,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of TCW Strategic Income Fund in the 2nd quarter valued at about $108,000. 35.22% of the stock is currently owned by institutional investors and hedge funds.

TCW Strategic Income Fund Company 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.