Cetera Investment Advisers Purchases 3,040 Shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Cetera Investment Advisers boosted its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 6.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,512 shares of the financial services provider’s stock after acquiring an additional 3,040 shares during the period. Cetera Investment Advisers owned 0.09% of BlackRock Debt Strategies Fund worth $538,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Steel Grove Capital Advisors LLC bought a new stake in BlackRock Debt Strategies Fund in the 4th quarter worth $62,000. Ameritas Advisory Services LLC grew its holdings in BlackRock Debt Strategies Fund by 9.9% in the 1st quarter. Ameritas Advisory Services LLC now owns 11,127 shares of the financial services provider’s stock worth $119,000 after acquiring an additional 1,000 shares during the last quarter. Astoria Portfolio Advisors LLC. bought a new stake in BlackRock Debt Strategies Fund in the 1st quarter worth $119,000. Private Advisor Group LLC grew its holdings in BlackRock Debt Strategies Fund by 57.1% in the 1st quarter. Private Advisor Group LLC now owns 16,084 shares of the financial services provider’s stock worth $168,000 after acquiring an additional 5,845 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of BlackRock Debt Strategies Fund during the 4th quarter valued at about $175,000. Institutional investors own 24.29% of the company’s stock.

BlackRock Debt Strategies Fund Stock Down 0.6%

Shares of DSU opened at $10.52 on Friday. The firm’s 50-day moving average price is $10.53 and its 200-day moving average price is $10.45. BlackRock Debt Strategies Fund, Inc. has a 1-year low of $8.72 and a 1-year high of $11.19.

BlackRock Debt Strategies Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.0987 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) dividend on an annualized basis and a dividend yield of 11.3%.

BlackRock Debt Strategies Fund Profile

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.