Comerica Bank Sells 2,000 Shares of BlackRock Debt Strategies Fund, Inc. $DSU

Comerica Bank cut its position in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 13.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,500 shares of the financial services provider’s stock after selling 2,000 shares during the quarter. Comerica Bank’s holdings in BlackRock Debt Strategies Fund were worth $130,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of DSU. Ameritas Advisory Services LLC lifted its stake in shares of 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 valued at $119,000 after purchasing an additional 1,000 shares during the period. Strategic Wealth Partners Ltd. lifted its stake in shares of BlackRock Debt Strategies Fund by 0.9% in the 4th quarter. Strategic Wealth Partners Ltd. now owns 161,011 shares of the financial services provider’s stock valued at $1,737,000 after purchasing an additional 1,400 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of BlackRock Debt Strategies Fund by 2.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 60,075 shares of the financial services provider’s stock valued at $627,000 after purchasing an additional 1,624 shares during the period. Cetera Investment Advisers lifted its stake in shares of BlackRock Debt Strategies Fund by 6.3% in the 1st quarter. Cetera Investment Advisers now owns 51,512 shares of the financial services provider’s stock valued at $538,000 after purchasing an additional 3,040 shares during the period. Finally, Register Financial Advisors LLC lifted its stake in shares of BlackRock Debt Strategies Fund by 19.8% in the 1st quarter. Register Financial Advisors LLC now owns 31,560 shares of the financial services provider’s stock valued at $329,000 after purchasing an additional 5,220 shares during the period. 24.29% of the stock is currently owned by institutional investors.

BlackRock Debt Strategies Fund Stock Performance

DSU opened at $10.58 on Thursday. The business has a 50 day moving average of $10.56 and a 200-day moving average of $10.43. BlackRock Debt Strategies Fund, Inc. has a 52 week low of $8.72 and a 52 week high of $11.19.

BlackRock Debt Strategies Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.0987 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date of this dividend is Monday, September 15th.

About BlackRock Debt Strategies Fund

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.