Creative Planning purchased a new stake in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 54,353 shares of the financial services provider's stock, valued at approximately $589,000. Creative Planning owned about 0.12% of BlackRock Debt Strategies Fund at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Register Financial Advisors LLC bought a new stake in BlackRock Debt Strategies Fund in the second quarter worth $68,000. Creekmur Asset Management LLC bought a new stake in BlackRock Debt Strategies Fund during the fourth quarter worth about $86,000. Shaker Financial Services LLC bought a new stake in BlackRock Debt Strategies Fund during the second quarter worth about $300,000. Atomi Financial Group Inc. grew its stake in shares of BlackRock Debt Strategies Fund by 11.4% during the first quarter. Atomi Financial Group Inc. now owns 27,786 shares of the financial services provider's stock valued at $307,000 after purchasing an additional 2,833 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its holdings in BlackRock Debt Strategies Fund by 22.6% in the first quarter. Avantax Advisory Services Inc. now owns 29,859 shares of the financial services provider's stock valued at $330,000 after buying an additional 5,497 shares during the period. 24.29% of the stock is owned by hedge funds and other institutional investors.
BlackRock Debt Strategies Fund Trading Down 0.1 %
Shares of NYSE:DSU traded down $0.01 during midday trading on Monday, reaching $11.09. 179,875 shares of the company were exchanged, compared to its average volume of 163,010. BlackRock Debt Strategies Fund, Inc. has a fifty-two week low of $9.75 and a fifty-two week high of $11.40. The stock has a fifty day simple moving average of $10.92 and a two-hundred day simple moving average of $10.89.
BlackRock Debt Strategies Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a $0.0987 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 10.68%. The ex-dividend date is Tuesday, October 15th.
BlackRock Debt Strategies Fund Company Profile
(
Free Report)
BlackRock Debt Strategies Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of companies' debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services (BBB or lower by S&P's or Baa or lower by Moody's) or unrated debt instruments, which are in the judgment of the investment adviser of equivalent quality.
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