BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Shares Bought by Raymond James & Associates

Raymond James & Associates increased its position in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 22.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,404 shares of the investment management company’s stock after purchasing an additional 5,852 shares during the quarter. Raymond James & Associates’ holdings in BlackRock Floating Rate Income Strategies Fund were worth $410,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC purchased a new position in shares of BlackRock Floating Rate Income Strategies Fund in the fourth quarter valued at $49,000. NBC Securities Inc. purchased a new position in shares of BlackRock Floating Rate Income Strategies Fund in the third quarter valued at $109,000. Financial Advocates Investment Management purchased a new position in shares of BlackRock Floating Rate Income Strategies Fund in the third quarter valued at $138,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of BlackRock Floating Rate Income Strategies Fund in the third quarter valued at $146,000. Finally, Atria Wealth Solutions Inc. boosted its stake in shares of BlackRock Floating Rate Income Strategies Fund by 11.9% in the third quarter. Atria Wealth Solutions Inc. now owns 37,081 shares of the investment management company’s stock valued at $468,000 after purchasing an additional 3,957 shares during the period.

BlackRock Floating Rate Income Strategies Fund Stock Performance

Shares of FRA stock opened at $13.06 on Friday. The firm has a fifty day simple moving average of $12.92 and a 200-day simple moving average of $12.50. BlackRock Floating Rate Income Strategies Fund, Inc. has a twelve month low of $11.43 and a twelve month high of $13.22.

BlackRock Floating Rate Income Strategies Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.1238 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $1.49 dividend on an annualized basis and a yield of 11.38%.

About BlackRock Floating Rate Income Strategies Fund

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.