Creative Planning Raises Stock Position in TCW Strategic Income Fund, Inc. (NYSE:TSI)

Creative Planning lifted its stake in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) by 21.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,085 shares of the financial services provider’s stock after acquiring an additional 6,000 shares during the quarter. Creative Planning owned approximately 0.07% of TCW Strategic Income Fund worth $194,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Northside Capital Management LLC increased its position in shares of TCW Strategic Income Fund by 1.3% during the second quarter. Northside Capital Management LLC now owns 1,490,630 shares of the financial services provider’s stock worth $8,571,000 after acquiring an additional 19,153 shares during the period. First Foundation Advisors increased its holdings in TCW Strategic Income Fund by 0.5% during the second quarter. First Foundation Advisors now owns 1,262,355 shares of the financial services provider’s stock valued at $7,258,000 after buying an additional 6,352 shares during the period. Invesco Ltd. increased its holdings in TCW Strategic Income Fund by 17.6% during the second quarter. Invesco Ltd. now owns 641,258 shares of the financial services provider’s stock valued at $3,687,000 after buying an additional 95,843 shares during the period. Morgan Stanley increased its holdings in TCW Strategic Income Fund by 17.6% during the second quarter. Morgan Stanley now owns 626,569 shares of the financial services provider’s stock valued at $3,602,000 after buying an additional 93,961 shares during the period. Finally, SeaBridge Investment Advisors LLC increased its holdings in TCW Strategic Income Fund by 21.1% during the second quarter. SeaBridge Investment Advisors LLC now owns 252,220 shares of the financial services provider’s stock valued at $1,450,000 after buying an additional 43,975 shares during the period. 29.75% of the stock is currently owned by institutional investors and hedge funds.

Shares of TSI stock opened at $5.84 on Tuesday. The company’s 50 day moving average is $5.74 and its 200 day moving average is $5.69. TCW Strategic Income Fund, Inc. has a 52-week low of $5.20 and a 52-week high of $5.87.

About TCW Strategic Income Fund

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.

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Institutional Ownership by Quarter for TCW Strategic Income Fund (NYSE:TSI)

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