Ameritas Advisory Services LLC Cuts Stake in PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

Ameritas Advisory Services LLC lowered its holdings in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCSFree Report) by 13.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 55,167 shares of the investment management company’s stock after selling 8,456 shares during the period. Ameritas Advisory Services LLC’s holdings in PIMCO Strategic Income Fund were worth $420,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in RCS. Straight Path Wealth Management raised its holdings in PIMCO Strategic Income Fund by 17.1% during the 2nd quarter. Straight Path Wealth Management now owns 27,436 shares of the investment management company’s stock valued at $170,000 after buying an additional 4,014 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in PIMCO Strategic Income Fund in the third quarter worth about $108,000. Cetera Investment Advisers boosted its position in PIMCO Strategic Income Fund by 35.4% during the 2nd quarter. Cetera Investment Advisers now owns 194,417 shares of the investment management company’s stock valued at $1,207,000 after acquiring an additional 50,837 shares in the last quarter. Baker Avenue Asset Management LP purchased a new stake in PIMCO Strategic Income Fund in the third quarter worth $681,000. Finally, Balboa Wealth Partners grew its position in shares of PIMCO Strategic Income Fund by 248.5% in the 3rd quarter. Balboa Wealth Partners now owns 158,896 shares of the investment management company’s stock worth $1,222,000 after buying an additional 113,307 shares during the period. Hedge funds and other institutional investors own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Price Performance

Shares of NYSE RCS opened at $6.38 on Friday. PIMCO Strategic Income Fund, Inc. has a 1 year low of $5.54 and a 1 year high of $8.09. The firm has a 50-day moving average of $7.29 and a 200 day moving average of $7.23.

PIMCO Strategic Income Fund Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 13th will be given a $0.04 dividend. The ex-dividend date of this dividend is Monday, January 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.53%.

PIMCO Strategic Income Fund Company Profile

(Free Report)

PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.

Featured Articles

Want to see what other hedge funds are holding RCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Strategic Income Fund, Inc. (NYSE:RCSFree Report).

Institutional Ownership by Quarter for PIMCO Strategic Income Fund (NYSE:RCS)

Receive News & Ratings for PIMCO Strategic Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Strategic Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.