Walleye Capital LLC Takes Position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Walleye Capital LLC acquired a new position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSUGet Rating) during the first quarter, HoldingsChannel.com reports. The fund acquired 51,230 shares of the financial services provider’s stock, valued at approximately $534,000.

Several other institutional investors have also added to or reduced their stakes in the stock. GHP Investment Advisors Inc. bought a new position in BlackRock Debt Strategies Fund during the 1st quarter worth approximately $35,000. GPS Wealth Strategies Group LLC increased its position in shares of BlackRock Debt Strategies Fund by 29.5% during the first quarter. GPS Wealth Strategies Group LLC now owns 8,772 shares of the financial services provider’s stock worth $91,000 after buying an additional 2,000 shares during the period. CKW Financial Group raised its stake in BlackRock Debt Strategies Fund by 24.3% during the first quarter. CKW Financial Group now owns 9,518 shares of the financial services provider’s stock worth $99,000 after buying an additional 1,860 shares during the last quarter. Darwin Advisors LLC acquired a new position in BlackRock Debt Strategies Fund in the first quarter valued at $126,000. Finally, Laidlaw Wealth Management LLC acquired a new position in BlackRock Debt Strategies Fund in the fourth quarter valued at $131,000.

BlackRock Debt Strategies Fund Stock Performance

DSU stock opened at $9.21 on Thursday. BlackRock Debt Strategies Fund, Inc. has a 12-month low of $8.88 and a 12-month high of $12.50. The company’s fifty day simple moving average is $9.63 and its 200 day simple moving average is $9.73.

BlackRock Debt Strategies Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be issued a $0.0605 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.73 annualized dividend and a yield of 7.88%.

BlackRock Debt Strategies Fund Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for BlackRock Debt Strategies Fund (NYSE:DSU)

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