Allworth Financial LP Raises Stock Holdings in BlackRock Debt Strategies Fund, Inc. $DSU

Allworth Financial LP grew its position in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 67.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 19,820 shares of the financial services provider’s stock after acquiring an additional 8,000 shares during the quarter. Allworth Financial LP’s holdings in BlackRock Debt Strategies Fund were worth $209,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Oliver Lagore Vanvalin Investment Group purchased a new stake in BlackRock Debt Strategies Fund during the second quarter valued at $42,000. Cape Investment Advisory Inc. increased its holdings in shares of BlackRock Debt Strategies Fund by 69.7% in the 1st quarter. Cape Investment Advisory Inc. now owns 5,600 shares of the financial services provider’s stock worth $58,000 after buying an additional 2,300 shares during the last quarter. Astoria Portfolio Advisors LLC. increased its holdings in shares of BlackRock Debt Strategies Fund by 10.7% in the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 13,152 shares of the financial services provider’s stock worth $138,000 after buying an additional 1,273 shares during the last quarter. Private Advisor Group LLC raised 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. Finally, Virtu Financial LLC bought a new position in shares of BlackRock Debt Strategies Fund in the 1st quarter valued at about $203,000. Institutional investors own 24.29% of the company’s stock.

BlackRock Debt Strategies Fund Trading Down 0.2%

DSU opened at $10.16 on Wednesday. The stock has a 50-day moving average of $10.40 and a 200 day moving average of $10.47. BlackRock Debt Strategies Fund, Inc. has a 12 month low of $8.72 and a 12 month high of $10.94.

BlackRock Debt Strategies Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a $0.0987 dividend. The ex-dividend date is Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%.

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.