Centric Wealth Management Acquires Shares of 17,512 PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

Centric Wealth Management bought a new position in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 17,512 shares of the investment management company’s stock, valued at approximately $133,000.

Several other hedge funds have also modified their holdings of the company. HighTower Advisors LLC purchased a new position in PIMCO Strategic Income Fund during the fourth quarter worth approximately $82,000. Straight Path Wealth Management raised its stake in shares of PIMCO Strategic Income Fund by 7.2% during the 4th quarter. Straight Path Wealth Management now owns 29,759 shares of the investment management company’s stock worth $227,000 after buying an additional 2,011 shares during the period. Mutual Advisors LLC lifted its position in shares of PIMCO Strategic Income Fund by 93.3% during the 4th quarter. Mutual Advisors LLC now owns 49,157 shares of the investment management company’s stock valued at $375,000 after buying an additional 23,724 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in PIMCO Strategic Income Fund in the 4th quarter valued at $442,000. Finally, Bravias Capital Group LLC purchased a new stake in PIMCO Strategic Income Fund in the 4th quarter worth $632,000. 13.48% of the stock is owned by hedge funds and other institutional investors.

PIMCO Strategic Income Fund Stock Up 0.8 %

RCS opened at $6.24 on Tuesday. The firm’s fifty day simple moving average is $6.35 and its two-hundred day simple moving average is $7.09. PIMCO Strategic Income Fund, Inc. has a 52-week low of $5.54 and a 52-week high of $8.09.

PIMCO Strategic Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Thursday, March 13th will be paid a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 7.69%. The ex-dividend date of this dividend is Thursday, March 13th.

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.