PIMCO Strategic Income Fund, Inc. $RCS Shares Sold by QTR Family Wealth LLC

QTR Family Wealth LLC lessened its stake in PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 25.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,276 shares of the investment management company’s stock after selling 4,184 shares during the period. QTR Family Wealth LLC’s holdings in PIMCO Strategic Income Fund were worth $85,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Comerica Bank increased its position in PIMCO Strategic Income Fund by 959.0% in the 1st quarter. Comerica Bank now owns 5,295 shares of the investment management company’s stock valued at $33,000 after acquiring an additional 4,795 shares during the period. Barnes Wealth Management Group Inc increased its position in PIMCO Strategic Income Fund by 61.9% in the 1st quarter. Barnes Wealth Management Group Inc now owns 16,875 shares of the investment management company’s stock valued at $105,000 after acquiring an additional 6,450 shares during the period. Ieq Capital LLC acquired a new position in PIMCO Strategic Income Fund in the 1st quarter valued at about $63,000. Cetera Investment Advisers increased its position in PIMCO Strategic Income Fund by 21.2% in the 1st quarter. Cetera Investment Advisers now owns 71,309 shares of the investment management company’s stock valued at $446,000 after acquiring an additional 12,489 shares during the period. Finally, Benjamin Edwards Inc. boosted its holdings in PIMCO Strategic Income Fund by 3.8% in the 1st quarter. Benjamin Edwards Inc. now owns 405,341 shares of the investment management company’s stock valued at $2,533,000 after purchasing an additional 14,755 shares in the last quarter. Institutional investors and hedge funds own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Stock Up 1.9%

Shares of RCS opened at $7.73 on Thursday. PIMCO Strategic Income Fund, Inc. has a twelve month low of $5.25 and a twelve month high of $8.09. The stock’s 50 day moving average is $7.27 and its two-hundred day moving average is $6.67.

PIMCO Strategic Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Friday, September 12th were issued a $0.04 dividend. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Friday, September 12th.

PIMCO Strategic Income Fund Profile

PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.