TCW Strategic Income Fund, Inc. $TSI Holdings Lowered by Northside Capital Management LLC

Northside Capital Management LLC lowered its stake in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 14.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 905,985 shares of the financial services provider’s stock after selling 152,687 shares during the quarter. Northside Capital Management LLC owned approximately 1.90% of TCW Strategic Income Fund worth $4,457,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of TSI. Focus Partners Wealth acquired a new position in shares of TCW Strategic Income Fund in the first quarter worth about $50,000. Corient Private Wealth LLC acquired a new position in TCW Strategic Income Fund in the 2nd quarter worth approximately $82,000. Allworth Financial LP purchased a new position in TCW Strategic Income Fund during the 2nd quarter worth approximately $112,000. Hara Capital LLC purchased a new position in TCW Strategic Income Fund during the 2nd quarter worth approximately $167,000. Finally, Bank of America Corp DE raised its stake in TCW Strategic Income Fund by 13.6% during the 2nd quarter. Bank of America Corp DE now owns 41,740 shares of the financial services provider’s stock valued at $204,000 after purchasing an additional 5,001 shares during the period. 35.22% of the stock is owned by hedge funds and other institutional investors.

TCW Strategic Income Fund Stock Performance

TSI opened at $4.93 on Wednesday. The stock has a fifty day moving average of $4.92 and a 200-day moving average of $4.93. TCW Strategic Income Fund, Inc. has a 12-month low of $4.61 and a 12-month high of $5.07.

Insider Transactions at TCW Strategic Income Fund

In other TCW Strategic Income Fund news, Director Robert Gerald Rooney acquired 7,900 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was purchased at an average cost of $4.93 per share, for a total transaction of $38,947.00. Following the transaction, the director owned 20,500 shares of the company’s stock, valued at $101,065. The trade was a 62.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders bought 20,500 shares of company stock valued at $101,023. 0.23% of the stock is currently owned by corporate insiders.

TCW Strategic Income Fund 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.