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

TCW Strategic Income Fund, Inc. (NYSE:TSI) Director Andrew Tarica sold 10,799 shares of the stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

Shares of NYSE TSI opened at $4.98 on Wednesday. The firm has a fifty day moving average price of $5.08 and a 200-day moving average price of $4.89. TCW Strategic Income Fund, Inc. has a 1 year low of $4.52 and a 1 year high of $5.21.

TCW Strategic Income Fund Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Monday, September 30th were issued a $0.06 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.24 dividend on an annualized basis and a yield of 4.82%.

Institutional Trading of TCW Strategic Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. SeaBridge Investment Advisors LLC increased its holdings in TCW Strategic Income Fund by 24.3% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 577,399 shares of the financial services provider’s stock valued at $2,737,000 after acquiring an additional 113,047 shares during the last quarter. International Assets Investment Management LLC increased its holdings in TCW Strategic Income Fund by 413.0% in the 3rd quarter. International Assets Investment Management LLC now owns 237,940 shares of the financial services provider’s stock valued at $1,221,000 after acquiring an additional 191,558 shares during the last quarter. First Foundation Advisors increased its holdings in TCW Strategic Income Fund by 5.3% in the 1st quarter. First Foundation Advisors now owns 147,625 shares of the financial services provider’s stock valued at $710,000 after acquiring an additional 7,462 shares during the last quarter. Tortoise Investment Management LLC bought a new stake in TCW Strategic Income Fund in the 2nd quarter valued at $490,000. Finally, Whitener Capital Management Inc. increased its holdings 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 last quarter. 35.22% of the stock is currently owned by institutional investors.

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.