Andrew Tarica Sells 10,799 Shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) Stock

TCW Strategic Income Fund, Inc. (NYSE:TSI) Director Andrew Tarica sold 10,799 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $5.08, for a total transaction of $54,858.92. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Andrew Tarica also recently made the following trade(s):

• On Thursday, November 7th, Andrew Tarica sold 1,500 shares of TCW Strategic Income Fund stock. The stock was sold at an average price of $5.10, for a total transaction of $7,650.00.
• On Tuesday, November 5th, Andrew Tarica sold 12,300 shares of TCW Strategic Income Fund stock. The stock was sold at an average price of $5.04, for a total transaction of $61,992.00.

TCW Strategic Income Fund Price Performance

NYSE TSI traded down $0.01 during mid-day trading on Tuesday, reaching $5.01. 12,525 shares of the stock were exchanged, compared to its average volume of 107,980. TCW Strategic Income Fund, Inc. has a one year low of $4.52 and a one year high of $5.21. The stock has a 50 day simple moving average of $5.08 and a 200-day simple moving average of $4.89.

TCW Strategic Income Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Monday, September 30th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date was Monday, September 30th.

Institutional Investors Weigh In On TCW Strategic Income Fund

A number of institutional investors have recently made changes to their positions in TSI. First Foundation Advisors grew its stake in shares of TCW Strategic Income Fund by 5.3% in the first quarter. First Foundation Advisors now owns 147,625 shares of the financial services provider’s stock worth $710,000 after acquiring an additional 7,462 shares during the period. Sheaff Brock Investment Advisors LLC lifted its position in shares of TCW Strategic Income Fund by 15.0% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 23,000 shares of the financial services provider’s stock valued at $111,000 after buying an additional 3,000 shares during the last quarter. Comerica Bank purchased a new position in TCW Strategic Income Fund during the 1st quarter worth approximately $29,000. Whitener Capital Management Inc. grew its stake in TCW Strategic Income Fund by 47.3% in the 2nd quarter. Whitener Capital Management Inc. now owns 58,451 shares of the financial services provider’s stock valued at $277,000 after acquiring an additional 18,780 shares during the period. Finally, Calamos Advisors LLC purchased a new position in shares of TCW Strategic Income Fund during the 2nd quarter worth $133,000. Hedge funds and other institutional investors own 35.22% of the company’s stock.

About TCW Strategic Income Fund

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.