TCW Strategic Income Fund (NYSE:TSI) Director Robert Gerald Rooney Buys 8,422 Shares

TCW Strategic Income Fund, Inc. (NYSE:TSI) Director Robert Gerald Rooney acquired 8,422 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was bought at an average price of $4.93 per share, for a total transaction of $41,520.46. Following the completion of the transaction, the director owned 8,422 shares of the company’s stock, valued at $41,520.46. The trade was a ? increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Robert Gerald Rooney also recently made the following trade(s):

• On Monday, December 1st, Robert Gerald Rooney bought 7,900 shares of TCW Strategic Income Fund stock. The shares were bought at an average price of $4.93 per share, with a total value of $38,947.00.
• On Friday, November 28th, Robert Gerald Rooney purchased 4,174 shares of TCW Strategic Income Fund stock. The stock was bought at an average cost of $4.92 per share, for a total transaction of $20,536.08.
• On Wednesday, November 26th, Robert Gerald Rooney acquired 4 shares of TCW Strategic Income Fund stock. The shares were bought at an average cost of $4.91 per share, with a total value of $19.64.

TCW Strategic Income Fund Stock Up 0.3%

NYSE:TSI traded up $0.02 during midday trading on Wednesday, hitting $4.94. The company had a trading volume of 15,012 shares, compared to its average volume of 68,999. TCW Strategic Income Fund, Inc. has a 52-week low of $4.61 and a 52-week high of $5.10. The stock’s fifty day moving average price is $4.93 and its 200-day moving average price is $4.93.

TCW Strategic Income Fund Dividend Announcement

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

Institutional Trading of TCW Strategic Income Fund

A number of hedge funds have recently bought and sold shares of TSI. Focus Partners Wealth bought a new position in TCW Strategic Income Fund during the first quarter valued at approximately $50,000. MB Generational Wealth LLC purchased a new stake in shares of TCW Strategic Income Fund in the 3rd quarter valued at $63,000. Private Advisor Group LLC bought a new position in shares of TCW Strategic Income Fund during the 3rd quarter valued at $68,000. Corient Private Wealth LLC purchased a new position in TCW Strategic Income Fund in the 2nd quarter worth $82,000. Finally, Allworth Financial LP bought a new stake in TCW Strategic Income Fund in the second quarter worth $112,000. Institutional investors own 35.22% of the company’s stock.

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.