Ameritas Advisory Services LLC Reduces Stock Holdings in BlackRock Debt Strategies Fund, Inc. $DSU

Ameritas Advisory Services LLC trimmed its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 70.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,342 shares of the financial services provider’s stock after selling 7,785 shares during the period. Ameritas Advisory Services LLC’s holdings in BlackRock Debt Strategies Fund were worth $35,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Register Financial Advisors LLC lifted its position in shares of BlackRock Debt Strategies Fund by 19.8% during the 1st quarter. Register Financial Advisors LLC now owns 31,560 shares of the financial services provider’s stock valued at $329,000 after buying an additional 5,220 shares in the last quarter. Astoria Portfolio Advisors LLC. purchased a new position in shares of BlackRock Debt Strategies Fund during the 1st quarter valued at about $119,000. Envestnet Asset Management Inc. lifted its position in shares of BlackRock Debt Strategies Fund by 2.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 60,075 shares of the financial services provider’s stock valued at $627,000 after buying an additional 1,624 shares in the last quarter. Moloney Securities Asset Management LLC lifted its position in shares of BlackRock Debt Strategies Fund by 9.3% during the 1st quarter. Moloney Securities Asset Management LLC now owns 136,541 shares of the financial services provider’s stock valued at $1,425,000 after buying an additional 11,655 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in shares of BlackRock Debt Strategies Fund by 57.1% during the 1st quarter. Private Advisor Group LLC now owns 16,084 shares of the financial services provider’s stock valued at $168,000 after buying an additional 5,845 shares in the last quarter. 24.29% of the stock is owned by hedge funds and other institutional investors.

BlackRock Debt Strategies Fund Stock Down 0.6%

DSU stock opened at $10.37 on Wednesday. BlackRock Debt Strategies Fund, Inc. has a twelve month low of $8.72 and a twelve month high of $11.05. The business’s 50-day moving average price is $10.54 and its 200-day moving average price is $10.42.

BlackRock Debt Strategies Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be issued a $0.0987 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 11.4%.

BlackRock Debt Strategies Fund Company 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.