Benjamin F. Edwards & Company Inc. Purchases 8,437 Shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

Benjamin F. Edwards & Company Inc. grew its holdings in PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 156,757 shares of the investment management company’s stock after purchasing an additional 8,437 shares during the quarter. Benjamin F. Edwards & Company Inc. owned approximately 0.35% of PIMCO Strategic Income Fund worth $953,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Straight Path Wealth Management bought a new position in PIMCO Strategic Income Fund during the 4th quarter worth approximately $124,000. Bison Wealth LLC increased its position in shares of PIMCO Strategic Income Fund by 14.5% in the 3rd quarter. Bison Wealth LLC now owns 42,315 shares of the investment management company’s stock valued at $225,000 after buying an additional 5,366 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in PIMCO Strategic Income Fund by 12.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 44,462 shares of the investment management company’s stock worth $270,000 after buying an additional 4,920 shares during the period. Wagner Wealth Management LLC bought a new position in PIMCO Strategic Income Fund during the fourth quarter worth about $537,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of PIMCO Strategic Income Fund by 2.0% in the third quarter. Janney Montgomery Scott LLC now owns 103,249 shares of the investment management company’s stock worth $548,000 after acquiring an additional 2,010 shares in the last quarter. 13.48% of the stock is currently owned by institutional investors and hedge funds.

PIMCO Strategic Income Fund Stock Performance

NYSE:RCS opened at $5.81 on Wednesday. The business’s 50-day simple moving average is $5.96 and its 200-day simple moving average is $5.86. PIMCO Strategic Income Fund, Inc. has a fifty-two week low of $4.51 and a fifty-two week high of $6.31.

PIMCO Strategic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 13th will be given a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 10.54%. The ex-dividend date is Friday, May 10th.

PIMCO Strategic Income Fund 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.