Robert Gerald Rooney Purchases 4,174 Shares of TCW Strategic Income Fund (NYSE:TSI) Stock

TCW Strategic Income Fund, Inc. (NYSE:TSI) Director Robert Gerald Rooney bought 4,174 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were acquired at an average price of $4.92 per share, for a total transaction of $20,536.08. Following the completion of the transaction, the director owned 12,600 shares in the company, valued at $61,992. This represents a 49.54% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Robert Gerald Rooney also recently made the following trade(s):

• On Monday, December 1st, Robert Gerald Rooney purchased 7,900 shares of TCW Strategic Income Fund stock. The shares were acquired at an average price of $4.93 per share, with a total value of $38,947.00.
• On Wednesday, November 26th, Robert Gerald Rooney acquired 4 shares of TCW Strategic Income Fund stock. The shares were bought at an average cost of $4.91 per share, for a total transaction of $19.64.
• On Tuesday, November 25th, Robert Gerald Rooney bought 8,422 shares of TCW Strategic Income Fund stock. The stock was bought at an average cost of $4.93 per share, with a total value of $41,520.46.

TCW Strategic Income Fund Trading Up 0.3%

Shares of TCW Strategic Income Fund stock traded up $0.02 during mid-day trading on Wednesday, reaching $4.94. 15,012 shares of the stock were exchanged, compared to its average volume of 68,999. TCW Strategic Income Fund, Inc. has a fifty-two week low of $4.61 and a fifty-two week high of $5.10. The firm has a 50-day simple moving average of $4.93 and a 200 day simple moving average of $4.93.

TCW Strategic Income Fund Dividend Announcement

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

Hedge Funds Weigh In On TCW Strategic Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Seven Mile Advisory acquired a new position in TCW Strategic Income Fund in the third quarter worth $530,000. Private Advisor Group LLC bought a new position in shares of TCW Strategic Income Fund in the third quarter valued at about $68,000. Intellus Advisors LLC lifted its position in TCW Strategic Income Fund by 38.3% during the 3rd quarter. Intellus Advisors LLC now owns 68,796 shares of the financial services provider’s stock worth $338,000 after buying an additional 19,042 shares in the last quarter. MB Generational Wealth LLC acquired a new position in TCW Strategic Income Fund during the 3rd quarter worth about $63,000. Finally, Hara Capital LLC increased its holdings in shares of TCW Strategic Income Fund by 32.4% in the third quarter. Hara Capital LLC now owns 45,314 shares of the financial services provider’s stock valued at $223,000 after purchasing an additional 11,091 shares in the last quarter. Institutional investors and hedge funds own 35.22% of the company’s stock.

TCW Strategic Income Fund Company 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.