PIMCO Strategic Income Fund, Inc. (NYSE:RCS) Shares Purchased by Straight Path Wealth Management

Straight Path Wealth Management increased its holdings in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 7.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,759 shares of the investment management company’s stock after acquiring an additional 2,011 shares during the period. Straight Path Wealth Management owned approximately 0.06% of PIMCO Strategic Income Fund worth $227,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in PIMCO Strategic Income Fund during the fourth quarter worth $442,000. Bravias Capital Group LLC acquired a new position in PIMCO Strategic Income Fund during the fourth quarter worth $632,000. Mutual Advisors LLC grew its holdings in PIMCO Strategic Income Fund by 93.3% during the fourth quarter. Mutual Advisors LLC now owns 49,157 shares of the investment management company’s stock worth $375,000 after acquiring an additional 23,724 shares during the period. Benjamin Edwards Inc. acquired a new position in PIMCO Strategic Income Fund during the third quarter worth $2,965,000. Finally, FSA Wealth Management LLC acquired a new position in PIMCO Strategic Income Fund during the third quarter worth $108,000. Institutional investors and hedge funds own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Stock Down 0.4 %

Shares of RCS stock opened at $6.31 on Thursday. The business’s fifty day moving average price is $6.53 and its 200 day moving average price is $7.18. PIMCO Strategic Income Fund, Inc. has a 1-year low of $5.54 and a 1-year high of $8.09.

PIMCO Strategic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Thursday, March 13th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.48 dividend on an annualized basis and a yield of 7.60%.

PIMCO Strategic Income Fund Company 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.