TCW Strategic Income Fund, Inc. (NYSE:TSI - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.88 and traded as low as $4.85. TCW Strategic Income Fund shares last traded at $4.86, with a volume of 125,993 shares changing hands.
TCW Strategic Income Fund Price Performance
The company's 50-day moving average price is $4.92 and its 200-day moving average price is $4.88.
TCW Strategic Income Fund Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Monday, June 30th were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.26 dividend on an annualized basis and a yield of 5.32%.
Hedge Funds Weigh In On TCW Strategic Income Fund
Institutional investors and hedge funds have recently bought and sold shares of the business. NBC Securities Inc. boosted its position in TCW Strategic Income Fund by 107,262.5% during the first quarter. NBC Securities Inc. now owns 8,589 shares of the financial services provider's stock worth $41,000 after acquiring an additional 8,581 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in TCW Strategic Income Fund during the fourth quarter worth about $49,000. Avidian Wealth Enterprises LLC purchased a new position in TCW Strategic Income Fund during the first quarter worth about $49,000. Focus Partners Wealth purchased a new position in TCW Strategic Income Fund during the first quarter worth about $50,000. Finally, Sowell Financial Services LLC purchased a new position in TCW Strategic Income Fund during the first quarter worth about $162,000. 35.22% of the stock is currently owned by institutional investors and hedge funds.
TCW Strategic Income Fund Company Profile
(
Get Free Report)
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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