Ameritas Advisory Services LLC Sells 37,018 Shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

Ameritas Advisory Services LLC cut its position in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCSFree Report) by 33.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,426 shares of the investment management company’s stock after selling 37,018 shares during the quarter. Ameritas Advisory Services LLC owned approximately 0.16% of PIMCO Strategic Income Fund worth $391,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Private Advisor Group LLC bought a new position in PIMCO Strategic Income Fund during the first quarter valued at approximately $62,000. NewEdge Advisors LLC raised its position in PIMCO Strategic Income Fund by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 185,800 shares of the investment management company’s stock worth $1,093,000 after purchasing an additional 2,100 shares during the period. Worth Asset Management LLC bought a new stake in PIMCO Strategic Income Fund in the first quarter worth $38,000. Rivernorth Capital Management LLC purchased a new stake in PIMCO Strategic Income Fund during the first quarter valued at about $3,156,000. Finally, Guggenheim Capital LLC grew its stake in shares of PIMCO Strategic Income Fund by 15.2% during the first quarter. Guggenheim Capital LLC now owns 518,117 shares of the investment management company’s stock valued at $3,047,000 after buying an additional 68,369 shares during the last quarter. 15.51% of the stock is owned by hedge funds and other institutional investors.

PIMCO Strategic Income Fund Price Performance

NYSE RCS opened at $5.61 on Friday. PIMCO Strategic Income Fund, Inc. has a 1-year low of $4.61 and a 1-year high of $6.04. The stock has a 50-day moving average of $5.32 and a 200-day moving average of $5.42.

PIMCO Strategic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 1st. Shareholders of record on Thursday, July 13th will be given a $0.051 dividend. The ex-dividend date of this dividend is Wednesday, July 12th. This represents a $0.61 annualized dividend and a yield of 10.91%.

About PIMCO Strategic Income Fund

(Free Report)

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.

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Institutional Ownership by Quarter for PIMCO Strategic Income Fund (NYSE:RCS)

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