Jane Street Group LLC Makes New Investment in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Jane Street Group LLC bought a new position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,401 shares of the financial services provider’s stock, valued at approximately $170,000.

Several other large investors also recently added to or reduced their stakes in the business. SeaCrest Wealth Management LLC grew its position in BlackRock Debt Strategies Fund by 15.8% in the third quarter. SeaCrest Wealth Management LLC now owns 11,800 shares of the financial services provider’s stock worth $130,000 after acquiring an additional 1,608 shares in the last quarter. Atomi Financial Group Inc. grew its position in BlackRock Debt Strategies Fund by 13.5% in the third quarter. Atomi Financial Group Inc. now owns 38,036 shares of the financial services provider’s stock worth $420,000 after acquiring an additional 4,521 shares in the last quarter. Moloney Securities Asset Management LLC grew its position in 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 acquiring an additional 7,072 shares in the last quarter. Strategic Wealth Partners Ltd. grew its position in BlackRock Debt Strategies Fund by 4.7% in the third quarter. Strategic Wealth Partners Ltd. now owns 159,611 shares of the financial services provider’s stock worth $1,761,000 after acquiring an additional 7,200 shares in the last quarter. Finally, Matrix Private Capital Group LLC grew its position in BlackRock Debt Strategies Fund by 8.2% in the second quarter. Matrix Private Capital Group LLC now owns 109,322 shares of the financial services provider’s stock worth $1,185,000 after acquiring an additional 8,318 shares in the last quarter. 24.29% of the stock is owned by institutional investors.

BlackRock Debt Strategies Fund Stock Performance

Shares of BlackRock Debt Strategies Fund stock opened at $10.77 on Tuesday. The firm has a fifty day simple moving average of $10.83 and a 200-day simple moving average of $10.88. BlackRock Debt Strategies Fund, Inc. has a 1-year low of $10.11 and a 1-year high of $11.40.

BlackRock Debt Strategies Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a $0.0987 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 11.00%. The ex-dividend date of this dividend is Wednesday, January 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.