PIMCO Strategic Income Fund, Inc (RCS) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its holdings in PIMCO Strategic Income Fund, Inc (NYSE:RCS) by 29.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,701 shares of the investment management company’s stock after selling 22,591 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in PIMCO Strategic Income Fund were worth $523,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. National Planning Corp raised its stake in shares of PIMCO Strategic Income Fund by 7.3% during the 2nd quarter. National Planning Corp now owns 23,646 shares of the investment management company’s stock worth $242,000 after purchasing an additional 1,606 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of PIMCO Strategic Income Fund by 2.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 107,362 shares of the investment management company’s stock worth $1,094,000 after purchasing an additional 2,438 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of PIMCO Strategic Income Fund by 23.7% during the 2nd quarter. Wells Fargo & Company MN now owns 18,333 shares of the investment management company’s stock worth $186,000 after purchasing an additional 3,507 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of PIMCO Strategic Income Fund by 9.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 22,089 shares of the investment management company’s stock worth $225,000 after purchasing an additional 1,827 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in shares of PIMCO Strategic Income Fund by 33.5% during the 2nd quarter. MML Investors Services LLC now owns 251,578 shares of the investment management company’s stock worth $2,564,000 after purchasing an additional 63,192 shares in the last quarter. 5.10% of the stock is owned by hedge funds and other institutional investors.

PIMCO Strategic Income Fund, Inc (NYSE RCS) traded up $0.14 on Wednesday, hitting $8.90. The stock had a trading volume of 214,100 shares, compared to its average volume of 158,585. PIMCO Strategic Income Fund, Inc has a 52 week low of $8.62 and a 52 week high of $10.65.

The company also recently declared a monthly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 11th will be paid a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 9.71%. The ex-dividend date is Friday, December 8th.

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PIMCO Strategic Income Fund Profile

PIMCO Strategic Income Fund, Inc (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is to seek to generate a level of income that is higher than that generated by high quality, intermediate-term United States debt securities. The Fund also seeks capital appreciation to the extent consistent with this objective.

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

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