Raymond James & Associates lifted its position in shares of Deutsche Strategic Income Trust (NYSE:KST) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 752,739 shares of the investment management company’s stock after purchasing an additional 6,914 shares during the period. Raymond James & Associates owned about 17.26% of Deutsche Strategic Income Trust worth $9,214,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KST. Wells Fargo & Company MN lifted its position in shares of Deutsche Strategic Income Trust by 17.5% during the first quarter. Wells Fargo & Company MN now owns 125,034 shares of the investment management company’s stock worth $1,534,000 after purchasing an additional 18,604 shares in the last quarter. Relative Value Partners Group LLC lifted its position in shares of Deutsche Strategic Income Trust by 4.4% during the first quarter. Relative Value Partners Group LLC now owns 464,508 shares of the investment management company’s stock worth $5,696,000 after purchasing an additional 19,670 shares in the last quarter. Bulldog Investors LLC lifted its position in shares of Deutsche Strategic Income Trust by 8.1% during the first quarter. Bulldog Investors LLC now owns 239,751 shares of the investment management company’s stock worth $2,940,000 after purchasing an additional 17,864 shares in the last quarter. Yakira Capital Management Inc. acquired a new position in shares of Deutsche Strategic Income Trust during the first quarter worth $298,000. Finally, 1607 Capital Partners LLC lifted its position in shares of Deutsche Strategic Income Trust by 107.4% during the first quarter. 1607 Capital Partners LLC now owns 47,340 shares of the investment management company’s stock worth $581,000 after purchasing an additional 24,520 shares in the last quarter. 54.39% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:KST opened at $12.56 on Friday. Deutsche Strategic Income Trust has a 12-month low of $12.10 and a 12-month high of $12.66.

The business also recently declared a monthly dividend, which will be paid on Friday, September 28th. Investors of record on Monday, September 17th will be paid a $0.044 dividend. The ex-dividend date is Friday, September 14th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 4.20%.

Deutsche Strategic Income Trust Profile

There is no company description available for DWS Strategic Income Trust.

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Institutional Ownership by Quarter for Deutsche Strategic Income Trust (NYSE:KST)

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