J.W. Cole Advisors Inc. Buys Shares of 30,501 PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

J.W. Cole Advisors Inc. purchased a new position in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 30,501 shares of the investment management company’s stock, valued at approximately $189,000. J.W. Cole Advisors Inc. owned about 0.07% of PIMCO Strategic Income Fund at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Principal Securities Inc. purchased a new stake in PIMCO Strategic Income Fund in the 4th quarter worth approximately $28,000. Commonwealth Equity Services LLC grew its position in shares of PIMCO Strategic Income Fund by 1.2% in the first quarter. Commonwealth Equity Services LLC now owns 430,885 shares of the investment management company’s stock valued at $2,624,000 after purchasing an additional 5,048 shares during the period. Atomi Financial Group Inc. increased its stake in PIMCO Strategic Income Fund by 17.1% in the second quarter. Atomi Financial Group Inc. now owns 99,011 shares of the investment management company’s stock valued at $615,000 after purchasing an additional 14,475 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in PIMCO Strategic Income Fund by 21.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 125,259 shares of the investment management company’s stock worth $762,000 after buying an additional 22,010 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in PIMCO Strategic Income Fund by 8.8% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 552,274 shares of the investment management company’s stock worth $3,358,000 after buying an additional 44,526 shares during the last quarter. Institutional investors and hedge funds own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Stock Up 1.9 %

NYSE RCS opened at $7.57 on Friday. PIMCO Strategic Income Fund, Inc. has a 12 month low of $4.51 and a 12 month high of $7.72. The company has a 50-day moving average of $6.88 and a 200-day moving average of $6.33.

PIMCO Strategic Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th will be paid a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 8.08%. The ex-dividend date is Friday, September 13th.

PIMCO Strategic Income Fund Company 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.