158,266 Shares in TCW Strategic Income Fund, Inc. $TSI Bought by Whipplewood Advisors LLC

Whipplewood Advisors LLC acquired a new position in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 158,266 shares of the financial services provider’s stock, valued at approximately $772,000. Whipplewood Advisors LLC owned 0.33% of TCW Strategic Income Fund as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 1607 Capital Partners LLC raised its holdings in shares of TCW Strategic Income Fund by 21.2% during the first quarter. 1607 Capital Partners LLC now owns 2,670,304 shares of the financial services provider’s stock worth $12,978,000 after acquiring an additional 467,821 shares during the period. Ieq Capital LLC acquired a new stake in TCW Strategic Income Fund in the 1st quarter valued at $370,000. SeaBridge Investment Advisors LLC increased its stake in TCW Strategic Income Fund by 17.6% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 805,169 shares of the financial services provider’s stock valued at $3,929,000 after buying an additional 120,465 shares during the last quarter. JP Wealth Management Inc. increased its stake in TCW Strategic Income Fund by 5.6% in the 2nd quarter. JP Wealth Management Inc. now owns 3,213,023 shares of the financial services provider’s stock valued at $15,680,000 after buying an additional 170,288 shares during the last quarter. Finally, Sit Investment Associates Inc. increased its stake in TCW Strategic Income Fund by 8.2% in the 1st quarter. Sit Investment Associates Inc. now owns 7,486,736 shares of the financial services provider’s stock valued at $36,386,000 after buying an additional 570,125 shares during the last quarter. 35.22% of the stock is currently owned by institutional investors and hedge funds.

TCW Strategic Income Fund Trading Down 0.2%

Shares of TSI stock opened at $4.92 on Friday. TCW Strategic Income Fund, Inc. has a 1 year low of $4.61 and a 1 year high of $5.12. The firm’s fifty day moving average price is $4.96 and its two-hundred day moving average price is $4.92.

TCW Strategic Income Fund Dividend Announcement

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

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.