Stratos Wealth Partners LTD. Has $156,000 Stock Position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Stratos Wealth Partners LTD. trimmed its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 8.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,461 shares of the financial services provider’s stock after selling 1,387 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in BlackRock Debt Strategies Fund were worth $156,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Penserra Capital Management LLC acquired a new position in shares of BlackRock Debt Strategies Fund in the third quarter worth about $5,081,000. Elevated Capital Advisors LLC boosted its holdings in shares of BlackRock Debt Strategies Fund by 0.8% in the fourth quarter. Elevated Capital Advisors LLC now owns 444,027 shares of the financial services provider’s stock worth $4,778,000 after buying an additional 3,439 shares during the period. Moloney Securities Asset Management LLC boosted its holdings in shares of BlackRock Debt Strategies Fund by 8.9% in the third quarter. Moloney Securities Asset Management LLC now owns 86,930 shares of the financial services provider’s stock worth $959,000 after buying an additional 7,072 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of BlackRock Debt Strategies Fund by 3.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 52,254 shares of the financial services provider’s stock worth $562,000 after buying an additional 1,802 shares during the period. Finally, Atomi Financial Group Inc. boosted its holdings in shares of BlackRock Debt Strategies Fund by 9.3% in the fourth quarter. Atomi Financial Group Inc. now owns 41,585 shares of the financial services provider’s stock worth $447,000 after buying an additional 3,549 shares during the period. 24.29% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Debt Strategies Fund Trading Down 0.1 %

Shares of DSU opened at $10.78 on Friday. The company has a 50-day moving average of $10.77 and a two-hundred day moving average of $10.85. BlackRock Debt Strategies Fund, Inc. has a one year low of $10.11 and a one year high of $11.40.

BlackRock Debt Strategies Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.0987 per share. This represents a $1.18 annualized dividend and a dividend yield of 11.00%. The ex-dividend date of this dividend is Friday, February 14th.

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.