International Assets Investment Management LLC Decreases Stock Position in TCW Strategic Income Fund, Inc. (NYSE:TSI)

International Assets Investment Management LLC trimmed its stake in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) by 80.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 46,382 shares of the financial services provider’s stock after selling 191,558 shares during the quarter. International Assets Investment Management LLC’s holdings in TCW Strategic Income Fund were worth $224,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kovitz Investment Group Partners LLC bought a new stake in shares of TCW Strategic Income Fund during the 3rd quarter valued at $10,356,000. Transatlantique Private Wealth LLC raised its stake in shares of TCW Strategic Income Fund by 36.7% during 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 period. Mercer Global Advisors Inc. ADV bought a new stake in shares of TCW Strategic Income Fund during the 2nd quarter valued at $108,000. Sanctuary Advisors LLC bought a new stake in shares of TCW Strategic Income Fund during the 2nd quarter valued at $68,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of 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 valued at $62,000 after purchasing an additional 2,010 shares during the period. 35.22% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Andrew Tarica sold 10,799 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $5.08, for a total transaction of $54,858.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 24,599 shares of company stock worth $124,501 over the last ninety days. 0.16% of the stock is owned by corporate insiders.

TCW Strategic Income Fund Trading Down 1.2 %

NYSE:TSI opened at $4.76 on Tuesday. TCW Strategic Income Fund, Inc. has a 52-week low of $4.52 and a 52-week high of $5.21. The business’s fifty day moving average is $4.96 and its 200 day moving average is $4.99.

TCW Strategic Income Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Tuesday, December 31st were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 5.04%.

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.