Strategic Wealth Partners Ltd. Increases Position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Strategic Wealth Partners Ltd. grew its holdings in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 4.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 159,611 shares of the financial services provider’s stock after purchasing an additional 7,200 shares during the period. Strategic Wealth Partners Ltd. owned approximately 0.34% of BlackRock Debt Strategies Fund worth $1,761,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Register Financial Advisors LLC bought a new stake in BlackRock Debt Strategies Fund during the 2nd quarter valued at about $68,000. Creekmur Asset Management LLC bought a new position in shares of BlackRock Debt Strategies Fund during the fourth quarter valued at $86,000. Shaker Financial Services LLC purchased a new position in BlackRock Debt Strategies Fund in the 2nd quarter worth about $300,000. Atomi Financial Group Inc. grew its stake in shares of BlackRock Debt Strategies Fund by 11.4% in the first quarter. Atomi Financial Group Inc. now owns 27,786 shares of the financial services provider’s stock worth $307,000 after acquiring an additional 2,833 shares during the period. Finally, Avantax Advisory Services Inc. boosted its holdings in BlackRock Debt Strategies Fund by 22.6% in the first quarter. Avantax Advisory Services Inc. now owns 29,859 shares of the financial services provider’s stock worth $330,000 after purchasing an additional 5,497 shares during the last quarter. 24.29% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Debt Strategies Fund Stock Performance

DSU stock opened at $11.10 on Wednesday. BlackRock Debt Strategies Fund, Inc. has a 1 year low of $9.75 and a 1 year high of $11.40. The stock’s fifty day moving average price is $10.91 and its 200-day moving average price is $10.89.

BlackRock Debt Strategies Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.0987 per share. The ex-dividend date is Tuesday, October 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 10.68%.

About BlackRock Debt Strategies Fund

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.