Milestone Asset Management LLC increased its stake in PIMCO Strategic Income Fund, Inc. (NYSE:RCS – Free Report) by 170.8% during the second quarter, HoldingsChannel reports. The firm owned 234,836 shares of the investment management company’s stock after acquiring an additional 148,122 shares during the period. Milestone Asset Management LLC’s holdings in PIMCO Strategic Income Fund were worth $1,458,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of RCS. Principal Securities Inc. bought a new position in shares of PIMCO Strategic Income Fund during the 4th quarter worth about $28,000. Keystone Financial Group bought a new stake in PIMCO Strategic Income Fund in the fourth quarter valued at about $62,000. Raymond James Financial Services Advisors Inc. increased its stake in PIMCO Strategic Income Fund by 12.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 44,462 shares of the investment management company’s stock valued at $270,000 after acquiring an additional 4,920 shares during the period. Atomi Financial Group Inc. increased its stake in PIMCO Strategic Income Fund by 135.8% in the first quarter. Atomi Financial Group Inc. now owns 84,536 shares of the investment management company’s stock valued at $515,000 after acquiring an additional 48,682 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in PIMCO Strategic Income Fund by 21.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 125,259 shares of the investment management company’s stock valued at $762,000 after acquiring an additional 22,010 shares during the period. 13.48% of the stock is currently owned by institutional investors and hedge funds.
PIMCO Strategic Income Fund Price Performance
PIMCO Strategic Income Fund stock traded up $0.02 during trading hours on Monday, hitting $6.84. 136,409 shares of the stock were exchanged, compared to its average volume of 131,775. PIMCO Strategic Income Fund, Inc. has a 12 month low of $4.51 and a 12 month high of $6.90. The business’s 50-day moving average is $6.45 and its two-hundred day moving average is $6.17.
PIMCO Strategic Income Fund Announces Dividend
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.
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