SeaCrest Wealth Management LLC Grows Position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

SeaCrest Wealth Management LLC grew its position in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 15.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,800 shares of the financial services provider’s stock after purchasing an additional 1,608 shares during the quarter. SeaCrest Wealth Management LLC’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 made changes to their positions in DSU. Register Financial Advisors LLC acquired a new position in BlackRock Debt Strategies Fund in the 2nd quarter worth about $68,000. Worth Asset Management LLC acquired a new position in BlackRock Debt Strategies Fund in the 3rd quarter valued at $151,000. Shaker Financial Services LLC acquired a new stake in BlackRock Debt Strategies Fund during the 2nd quarter worth $300,000. Atomi Financial Group Inc. boosted its stake in BlackRock Debt Strategies Fund by 11.4% during the 1st quarter. Atomi Financial Group Inc. now owns 27,786 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 2,833 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in shares of BlackRock Debt Strategies Fund by 22.6% during the first quarter. Avantax Advisory Services Inc. now owns 29,859 shares of the financial services provider’s stock worth $330,000 after buying an additional 5,497 shares in the last quarter. 24.29% of the stock is owned by hedge funds and other institutional investors.

BlackRock Debt Strategies Fund Price Performance

NYSE:DSU opened at $10.88 on Friday. BlackRock Debt Strategies Fund, Inc. has a twelve month low of $9.75 and a twelve month high of $11.40. The company’s 50-day moving average price is $10.93 and its 200-day moving average price is $10.89.

BlackRock Debt Strategies Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.0987 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 10.89%. The ex-dividend date is Tuesday, October 15th.

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.