WESCAP Management Group Inc. trimmed its holdings in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 467,821 shares of the financial services provider’s stock after selling 1,104 shares during the period. TCW Strategic Income Fund comprises about 1.2% of WESCAP Management Group Inc.’s holdings, making the stock its 19th largest position. WESCAP Management Group Inc.’s holdings in TCW Strategic Income Fund were worth $2,638,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bronfman E.L. Rothschild L.P. lifted its stake in shares of TCW Strategic Income Fund by 443.2% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 20,402 shares of the financial services provider’s stock valued at $115,000 after buying an additional 16,646 shares in the last quarter. Wedbush Securities Inc. lifted its stake in shares of TCW Strategic Income Fund by 24.6% in the second quarter. Wedbush Securities Inc. now owns 23,592 shares of the financial services provider’s stock valued at $133,000 after buying an additional 4,662 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of TCW Strategic Income Fund by 34.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 24,560 shares of the financial services provider’s stock valued at $139,000 after buying an additional 6,243 shares in the last quarter. Allegis Investment Advisors LLC lifted its stake in shares of TCW Strategic Income Fund by 4.4% in the second quarter. Allegis Investment Advisors LLC now owns 51,194 shares of the financial services provider’s stock valued at $289,000 after buying an additional 2,177 shares in the last quarter. Finally, Aviance Capital Partners LLC lifted its stake in shares of TCW Strategic Income Fund by 3.1% in the second quarter. Aviance Capital Partners LLC now owns 84,495 shares of the financial services provider’s stock valued at $477,000 after buying an additional 2,563 shares in the last quarter. 29.10% of the stock is currently owned by hedge funds and other institutional investors.

TCW Strategic Income Fund, Inc. (TSI) traded up 0.2556% on Friday, hitting $5.8048. 15,856 shares of the company’s stock were exchanged. TCW Strategic Income Fund, Inc. has a 52-week low of $5.19 and a 52-week high of $6.16. The firm has a 50 day moving average price of $5.66 and a 200-day moving average price of $5.56.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be given a $0.0575 dividend. The ex-dividend date is Thursday, September 28th. This is an increase from TCW Strategic Income Fund’s previous quarterly dividend of $0.06. This represents a $0.23 dividend on an annualized basis and a dividend yield of 3.97%.

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About TCW Strategic Income Fund

TCW Strategic Income Fund, Inc is a diversified, closed-end investment management company. The Fund’s investment objective is to seek a total return consisted of current income and capital appreciation by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (the United States Government Securities), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by its investment advisor to be consistent with the Fund’s investment objective.

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

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