TCW Strategic Income Fund, Inc. (NYSE:TSI) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. reduced its holdings in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 72.4% during the 3rd quarter, Holdings Channel reports. The firm owned 67,276 shares of the financial services provider’s stock after selling 176,876 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in TCW Strategic Income Fund were worth $345,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Comerica Bank purchased a new stake in shares of TCW Strategic Income Fund during the first quarter worth about $29,000. Merriman Wealth Management LLC acquired a new stake in TCW Strategic Income Fund in the 2nd quarter worth about $48,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in TCW Strategic Income Fund by 19.9% during the 3rd 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. Sanctuary Advisors LLC acquired a new position in shares of TCW Strategic Income Fund during the second quarter valued at approximately $68,000. Finally, Mercer Global Advisors Inc. ADV purchased a new position in TCW Strategic Income Fund in the 2nd quarter valued at $108,000. 35.22% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at TCW Strategic Income Fund

In related news, Director Andrew Tarica sold 12,300 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $5.04, for a total value of $61,992.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 24,599 shares of company stock worth $124,501 in the last ninety days. Insiders own 0.16% of the company’s stock.

TCW Strategic Income Fund Stock Up 0.2 %

TCW Strategic Income Fund stock opened at $4.95 on Monday. The company has a fifty day simple moving average of $5.05 and a 200-day simple moving average of $4.91. TCW Strategic Income Fund, Inc. has a 52-week low of $4.52 and a 52-week high of $5.21.

TCW Strategic Income Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Monday, September 30th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date of this dividend was Monday, September 30th.

TCW Strategic Income Fund 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.