Avidian Wealth Solutions LLC Has $53,000 Stake in TCW Strategic Income Fund, Inc. (NYSE:TSI)

Avidian Wealth Solutions LLC lessened its holdings in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) by 23.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,653 shares of the financial services provider’s stock after selling 3,495 shares during the period. Avidian Wealth Solutions LLC’s holdings in TCW Strategic Income Fund were worth $53,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. 1607 Capital Partners LLC raised its holdings in TCW Strategic Income Fund by 9.6% in the 3rd quarter. 1607 Capital Partners LLC now owns 2,122,669 shares of the financial services provider’s stock valued at $9,722,000 after acquiring an additional 186,300 shares in the last quarter. Raymond James & Associates lifted its position in TCW Strategic Income Fund by 7.9% during the fourth quarter. Raymond James & Associates now owns 933,097 shares of the financial services provider’s stock worth $4,283,000 after purchasing an additional 68,645 shares during the period. SeaBridge Investment Advisors LLC grew its stake in TCW Strategic Income Fund by 4.7% during the fourth quarter. SeaBridge Investment Advisors LLC now owns 439,905 shares of the financial services provider’s stock worth $2,019,000 after buying an additional 19,659 shares in the last quarter. International Assets Investment Management LLC increased its holdings in TCW Strategic Income Fund by 310.6% in the 4th quarter. International Assets Investment Management LLC now owns 212,893 shares of the financial services provider’s stock valued at $977,000 after buying an additional 161,038 shares during the period. Finally, RDA Financial Network raised its position in shares of TCW Strategic Income Fund by 9.2% in the 4th quarter. RDA Financial Network now owns 43,372 shares of the financial services provider’s stock valued at $199,000 after buying an additional 3,640 shares in the last quarter. 35.22% of the stock is owned by institutional investors.

TCW Strategic Income Fund Stock Up 0.5 %

Shares of TCW Strategic Income Fund stock opened at $4.62 on Tuesday. The company has a 50 day moving average of $4.66 and a 200-day moving average of $4.68. TCW Strategic Income Fund, Inc. has a 1-year low of $4.48 and a 1-year high of $4.87.

TCW Strategic Income Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 28th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 5.20%. The ex-dividend date was Wednesday, March 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.