BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Stock Holdings Boosted by Wagner Wealth Management LLC

Wagner Wealth Management LLC boosted its position in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRAFree Report) by 6.4% during the fourth quarter, Holdings Channel reports. The fund owned 762,535 shares of the investment management company’s stock after acquiring an additional 45,895 shares during the period. BlackRock Floating Rate Income Strategies Fund comprises 3.2% of Wagner Wealth Management LLC’s holdings, making the stock its 6th biggest holding. Wagner Wealth Management LLC’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $9,654,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in BlackRock Floating Rate Income Strategies Fund by 1.1% in the second quarter. Royal Bank of Canada now owns 90,858 shares of the investment management company’s stock valued at $1,110,000 after acquiring an additional 970 shares during the last quarter. Cetera Advisor Networks LLC increased its stake in BlackRock Floating Rate Income Strategies Fund by 4.7% in the first quarter. Cetera Advisor Networks LLC now owns 22,639 shares of the investment management company’s stock valued at $295,000 after acquiring an additional 1,024 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in BlackRock Floating Rate Income Strategies Fund by 11.4% in the third quarter. Envestnet Asset Management Inc. now owns 11,679 shares of the investment management company’s stock valued at $147,000 after acquiring an additional 1,192 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in BlackRock Floating Rate Income Strategies Fund by 3.3% in the first quarter. B. Riley Wealth Advisors Inc. now owns 39,172 shares of the investment management company’s stock valued at $458,000 after acquiring an additional 1,242 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in BlackRock Floating Rate Income Strategies Fund by 13.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,280 shares of the investment management company’s stock valued at $127,000 after acquiring an additional 1,363 shares during the last quarter.

BlackRock Floating Rate Income Strategies Fund Stock Performance

NYSE FRA opened at $12.92 on Friday. The company has a 50-day simple moving average of $12.77 and a two-hundred day simple moving average of $12.43. BlackRock Floating Rate Income Strategies Fund, Inc. has a 12-month low of $11.41 and a 12-month high of $13.10.

BlackRock Floating Rate Income Strategies Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a dividend of $0.1238 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.49 annualized dividend and a yield of 11.50%.

BlackRock Floating Rate Income Strategies Fund Profile

(Free Report)

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.

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Institutional Ownership by Quarter for BlackRock Floating Rate Income Strategies Fund (NYSE:FRA)

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