Steward Partners Investment Advisory LLC bought a new position in TCW Strategic Income Fund Inc. (NYSE:TSI) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 29,475 shares of the financial services provider’s stock, valued at approximately $170,000. Steward Partners Investment Advisory LLC owned 0.06% of TCW Strategic Income Fund as of its most recent SEC filing.

A number of other large investors have also modified their holdings of TSI. Bronfman E.L. Rothschild L.P. raised its position in TCW Strategic Income Fund by 443.2% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 20,402 shares of the financial services provider’s stock worth $115,000 after purchasing an additional 16,646 shares during the period. Wedbush Securities Inc. raised its position in TCW Strategic Income Fund by 24.6% in the 2nd quarter. Wedbush Securities Inc. now owns 23,592 shares of the financial services provider’s stock worth $133,000 after purchasing an additional 4,662 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in TCW Strategic Income Fund by 34.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 24,560 shares of the financial services provider’s stock worth $139,000 after purchasing an additional 6,243 shares during the period. Belpointe Asset Management LLC purchased a new position in TCW Strategic Income Fund in the 3rd quarter worth $249,000. Finally, Benjamin F. Edwards & Company Inc. raised its position in TCW Strategic Income Fund by 12.6% in the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 89,685 shares of the financial services provider’s stock worth $520,000 after purchasing an additional 10,069 shares during the period. Institutional investors own 29.79% of the company’s stock.

TCW Strategic Income Fund Inc. (NYSE:TSI) opened at $5.68 on Thursday. TCW Strategic Income Fund Inc. has a 52-week low of $5.23 and a 52-week high of $6.16.

The company also recently disclosed a special dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be given a $0.033 dividend. This represents a dividend yield of 7.97%. The ex-dividend date of this dividend is Thursday, December 28th.

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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.

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

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