114,101 Shares in BlackRock Debt Strategies Fund, Inc. $DSU Bought by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. purchased a new stake in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 114,101 shares of the financial services provider’s stock, valued at approximately $1,212,000. Ausdal Financial Partners Inc. owned about 0.21% of BlackRock Debt Strategies Fund at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. NewEdge Advisors LLC grew its stake in shares of BlackRock Debt Strategies Fund by 7.0% in the 1st quarter. NewEdge Advisors LLC now owns 84,379 shares of the financial services provider’s stock worth $881,000 after acquiring an additional 5,530 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of BlackRock Debt Strategies Fund by 11.3% during the second quarter. Envestnet Asset Management Inc. now owns 66,879 shares of the financial services provider’s stock valued at $706,000 after purchasing an additional 6,804 shares in the last quarter. Allworth Financial LP lifted its position in shares of BlackRock Debt Strategies Fund by 67.7% during the second quarter. Allworth Financial LP now owns 19,820 shares of the financial services provider’s stock valued at $209,000 after purchasing an additional 8,000 shares in the last quarter. MTM Investment Management LLC purchased a new position in BlackRock Debt Strategies Fund during the second quarter worth about $63,000. Finally, J.W. Cole Advisors Inc. boosted its holdings in BlackRock Debt Strategies Fund by 9.5% during the second quarter. J.W. Cole Advisors Inc. now owns 16,472 shares of the financial services provider’s stock worth $174,000 after purchasing an additional 1,430 shares during the last quarter. 24.29% of the stock is currently owned by institutional investors.

BlackRock Debt Strategies Fund Stock Up 1.6%

Shares of DSU stock opened at $9.76 on Tuesday. BlackRock Debt Strategies Fund, Inc. has a 52-week low of $8.72 and a 52-week high of $10.67. The company has a 50-day simple moving average of $10.06 and a two-hundred day simple moving average of $10.25.

BlackRock Debt Strategies Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.0987 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date is Monday, June 15th.

About BlackRock Debt Strategies Fund

BlackRock Debt Strategies Fund, Inc (NYSE: DSU) is a diversified, closed-end management investment company designed to provide investors with a combination of current income and capital preservation. Managed by BlackRock Fund Advisors, the fund employs a multi-sector, global fixed-income strategy that seeks to deliver attractive risk-adjusted returns through a portfolio of debt instruments. As an interval fund, DSU offers quarterly liquidity to shareholders who wish to redeem shares at specified intervals.

The fund’s investment approach centers on allocation across various credit sectors, including high-yield corporate bonds, emerging markets debt, bank loans and securitized products.