Benjamin Edwards Inc. Buys 5,053 Shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

Benjamin Edwards Inc. boosted its stake in PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 390,586 shares of the investment management company’s stock after acquiring an additional 5,053 shares during the period. Benjamin Edwards Inc. owned 0.85% of PIMCO Strategic Income Fund worth $2,976,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mutual Advisors LLC boosted its stake in shares of PIMCO Strategic Income Fund by 93.3% in the 4th quarter. Mutual Advisors LLC now owns 49,157 shares of the investment management company’s stock valued at $375,000 after purchasing an additional 23,724 shares during the last quarter. Bravias Capital Group LLC bought a new stake in PIMCO Strategic Income Fund during the fourth quarter valued at $632,000. Raymond James Financial Inc. acquired a new stake in PIMCO Strategic Income Fund during the 4th quarter worth about $442,000. Straight Path Wealth Management raised its position in shares of PIMCO Strategic Income Fund by 7.2% in the 4th quarter. Straight Path Wealth Management now owns 29,759 shares of the investment management company’s stock worth $227,000 after acquiring an additional 2,011 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new position in shares of PIMCO Strategic Income Fund in the 4th quarter valued at about $82,000. Institutional investors and hedge funds own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Stock Up 1.0 %

NYSE RCS opened at $5.89 on Wednesday. The business has a 50 day simple moving average of $5.95 and a 200 day simple moving average of $6.71. PIMCO Strategic Income Fund, Inc. has a one year low of $5.25 and a one year high of $8.09.

PIMCO Strategic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be given a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a dividend yield of 8.15%. The ex-dividend date is Monday, May 12th.

About PIMCO Strategic Income Fund

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.