TCW Strategic Income Fund, Inc. $TSI Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its holdings in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 20.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,059 shares of the financial services provider’s stock after selling 9,323 shares during the quarter. International Assets Investment Management LLC’s holdings in TCW Strategic Income Fund were worth $181,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC acquired a new stake in TCW Strategic Income Fund in the first quarter worth about $49,000. Focus Partners Wealth acquired a new stake in shares of TCW Strategic Income Fund during the first quarter worth about $50,000. Ieq Capital LLC acquired a new stake in shares of TCW Strategic Income Fund during the first quarter worth about $370,000. Riverbridge Partners LLC lifted its holdings in shares of TCW Strategic Income Fund by 4.0% during the second quarter. Riverbridge Partners LLC now owns 170,101 shares of the financial services provider’s stock worth $830,000 after purchasing an additional 6,527 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of TCW Strategic Income Fund by 0.8% during the first quarter. Invesco Ltd. now owns 401,659 shares of the financial services provider’s stock worth $1,952,000 after purchasing an additional 3,225 shares during the period. Institutional investors and hedge funds own 35.22% of the company’s stock.

TCW Strategic Income Fund Stock Down 0.3%

TCW Strategic Income Fund stock opened at $4.93 on Friday. TCW Strategic Income Fund, Inc. has a 52 week low of $4.61 and a 52 week high of $5.12. The stock has a 50-day moving average price of $4.96 and a 200 day moving average price of $4.92.

TCW Strategic Income Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Tuesday, September 30th were issued a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 5.3%.

About TCW Strategic Income Fund

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.