Segall Bryant & Hamill LLC Buys New Position in TCW Strategic Income Fund, Inc. (NYSE:TSI)

Segall Bryant & Hamill LLC acquired a new position in TCW Strategic Income Fund, Inc. (NYSE:TSI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,966 shares of the financial services provider’s stock, valued at approximately $58,000.

Other institutional investors have also recently bought and sold shares of the company. Citigroup Inc. raised its holdings in shares of TCW Strategic Income Fund by 71.5% during the 4th quarter. Citigroup Inc. now owns 17,050 shares of the financial services provider’s stock valued at $90,000 after purchasing an additional 7,110 shares in the last quarter. Townsquare Capital LLC bought a new position in shares of TCW Strategic Income Fund during the 4th quarter valued at $110,000. Advisor Group Inc. raised its holdings in shares of TCW Strategic Income Fund by 81.5% during the 4th quarter. Advisor Group Inc. now owns 22,388 shares of the financial services provider’s stock valued at $118,000 after purchasing an additional 10,053 shares in the last quarter. Bank of America Corp DE raised its holdings in TCW Strategic Income Fund by 6.3% in the 4th quarter. Bank of America Corp DE now owns 32,773 shares of the financial services provider’s stock worth $173,000 after acquiring an additional 1,935 shares during the period. Finally, Sigma Planning Corp raised its holdings in TCW Strategic Income Fund by 18.6% in the 4th quarter. Sigma Planning Corp now owns 37,922 shares of the financial services provider’s stock worth $200,000 after acquiring an additional 5,951 shares during the period. 31.48% of the stock is owned by hedge funds and other institutional investors.

TSI traded down $0.01 during trading on Wednesday, hitting $5.48. The stock had a trading volume of 76,100 shares, compared to its average volume of 120,283. TCW Strategic Income Fund, Inc. has a 12 month low of $5.20 and a 12 month high of $5.70.

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were issued a dividend of $0.0768 per share. The ex-dividend date was Thursday, March 28th. This represents a $0.31 annualized dividend and a dividend yield of 5.61%.

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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.

Further Reading: Yield Curve

Institutional Ownership by Quarter for TCW Strategic Income Fund (NYSE:TSI)

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