Cwm LLC lessened its stake in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA – Free Report) by 25.2% in the fourth quarter, HoldingsChannel reports. The firm owned 2,883 shares of the investment management company’s stock after selling 969 shares during the period. Cwm LLC’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $36,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Gradient Investments LLC acquired a new position in shares of BlackRock Floating Rate Income Strategies Fund during the 4th quarter worth about $25,000. McGlone Suttner Wealth Management Inc. bought a new position in BlackRock Floating Rate Income Strategies Fund during the 4th quarter worth approximately $25,000. Anchor Investment Management LLC acquired a new position in BlackRock Floating Rate Income Strategies Fund during the fourth quarter valued at approximately $49,000. NBC Securities Inc. bought a new stake in BlackRock Floating Rate Income Strategies Fund in the third quarter valued at approximately $109,000. Finally, Koshinski Asset Management Inc. acquired a new stake in BlackRock Floating Rate Income Strategies Fund in the fourth quarter worth $131,000.
BlackRock Floating Rate Income Strategies Fund Price Performance
Shares of NYSE FRA opened at $13.21 on Friday. BlackRock Floating Rate Income Strategies Fund, Inc. has a twelve month low of $11.43 and a twelve month high of $13.29. The company’s fifty day moving average is $12.99 and its 200-day moving average is $12.55.
BlackRock Floating Rate Income Strategies Fund Dividend Announcement
BlackRock Floating Rate Income Strategies Fund Profile
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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Want to see what other hedge funds are holding FRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA – Free Report).
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