BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Stock Holdings Lifted by Truist Financial Corp

Truist Financial Corp lifted its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 73,692 shares of the financial services provider’s stock after acquiring an additional 4,797 shares during the period. Truist Financial Corp’s holdings in BlackRock Debt Strategies Fund were worth $793,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in DSU. Darwin Wealth Management LLC purchased a new position in shares of BlackRock Debt Strategies Fund in the third quarter worth approximately $103,000. Ameritas Advisory Services LLC purchased a new position in BlackRock Debt Strategies Fund during the fourth quarter valued at approximately $109,000. Private Advisor Group LLC purchased a new position in BlackRock Debt Strategies Fund during the third quarter valued at approximately $111,000. Monterey Private Wealth Inc. purchased a new position in BlackRock Debt Strategies Fund during the fourth quarter valued at approximately $161,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in BlackRock Debt Strategies Fund during the fourth quarter valued at approximately $165,000. 24.29% of the stock is owned by hedge funds and other institutional investors.

BlackRock Debt Strategies Fund Stock Up 0.8 %

Shares of DSU opened at $10.70 on Friday. The company’s 50 day moving average price is $10.75 and its 200 day moving average price is $10.84. BlackRock Debt Strategies Fund, Inc. has a 52 week low of $10.11 and a 52 week high of $11.40.

BlackRock Debt Strategies Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.0987 per share. This represents a $1.18 dividend on an annualized basis and a yield of 11.07%. The ex-dividend date was Friday, February 14th.

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.