Robert Gerald Rooney Buys 4,174 Shares of TCW Strategic Income Fund (NYSE:TSI) Stock

TCW Strategic Income Fund, Inc. (NYSE:TSI) Director Robert Gerald Rooney acquired 4,174 shares of the company’s stock in a transaction on Friday, November 28th. The shares were purchased at an average cost of $4.92 per share, with a total value of $20,536.08. Following the completion of the acquisition, the director directly owned 12,600 shares in the company, valued at approximately $61,992. The trade was a 49.54% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Robert Gerald Rooney also recently made the following trade(s):

• On Monday, December 1st, Robert Gerald Rooney bought 7,900 shares of TCW Strategic Income Fund stock. The stock was acquired at an average cost of $4.93 per share, for a total transaction of $38,947.00.
• On Wednesday, November 26th, Robert Gerald Rooney purchased 4 shares of TCW Strategic Income Fund stock. The shares were acquired at an average cost of $4.91 per share, with a total value of $19.64.
• On Tuesday, November 25th, Robert Gerald Rooney acquired 8,422 shares of TCW Strategic Income Fund stock. The stock was acquired at an average cost of $4.93 per share, for a total transaction of $41,520.46.

TCW Strategic Income Fund Price Performance

TSI traded up $0.02 during trading on Wednesday, reaching $4.94. 15,012 shares of the company’s stock were exchanged, compared to its average volume of 68,999. The company’s fifty day moving average price is $4.93 and its 200-day moving average price is $4.93. TCW Strategic Income Fund, Inc. has a fifty-two week low of $4.61 and a fifty-two week high of $5.10.

TCW Strategic Income Fund Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Tuesday, September 30th were paid a $0.065 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.26 annualized dividend and a yield of 5.3%.

Institutional Trading of TCW Strategic Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Focus Partners Wealth acquired a new stake in shares of TCW Strategic Income Fund in the 1st quarter valued at approximately $50,000. MB Generational Wealth LLC acquired a new stake in TCW Strategic Income Fund in the third quarter worth $63,000. Private Advisor Group LLC acquired a new stake in TCW Strategic Income Fund in the third quarter worth $68,000. Corient Private Wealth LLC acquired a new position in shares of TCW Strategic Income Fund in the 2nd quarter valued at $82,000. Finally, Allworth Financial LP bought a new stake in shares of TCW Strategic Income Fund in the 2nd quarter valued at $112,000. 35.22% of the stock is owned by institutional investors.

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.