TCW Strategic Income Fund, Inc. (NYSE:TSI) Shares Sold by Northside Capital Management LLC

Northside Capital Management LLC lowered its position in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,083,672 shares of the financial services provider’s stock after selling 17,600 shares during the quarter. TCW Strategic Income Fund accounts for approximately 1.4% of Northside Capital Management LLC’s holdings, making the stock its 15th biggest holding. Northside Capital Management LLC’s holdings in TCW Strategic Income Fund were worth $5,212,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in 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 buying an additional 2,010 shares in the last quarter. Merriman Wealth Management LLC acquired a new stake in shares of TCW Strategic Income Fund during the second quarter valued at $48,000. Sanctuary Advisors LLC purchased a new stake in TCW Strategic Income Fund during the 2nd quarter worth about $68,000. Transatlantique Private Wealth LLC raised its stake in TCW Strategic Income Fund by 36.7% in the 2nd quarter. Transatlantique Private Wealth LLC now owns 56,565 shares of the financial services provider’s stock valued at $268,000 after purchasing an additional 15,190 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new position in TCW Strategic Income Fund in the 2nd quarter valued at about $108,000. Institutional investors and hedge funds own 35.22% of the company’s stock.

Insider Activity

In other TCW Strategic Income Fund news, Director Andrew Tarica sold 10,799 shares of TCW Strategic Income Fund stock in a transaction dated 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 Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 24,599 shares of company stock valued at $124,501 over the last quarter. Company insiders own 0.16% of the company’s stock.

TCW Strategic Income Fund Trading Up 1.1 %

Shares of NYSE TSI opened at $4.81 on Thursday. The company has a 50-day simple moving average of $4.95 and a 200-day simple moving average of $4.99. TCW Strategic Income Fund, Inc. has a 12 month low of $4.52 and a 12 month high of $5.21.

TCW Strategic Income Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Tuesday, December 31st were issued a $0.06 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.24 annualized dividend and a yield of 4.99%.

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.