Janney Montgomery Scott LLC Has $408,000 Position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Janney Montgomery Scott LLC lifted its holdings in BlackRock Debt Strategies Fund, Inc. (NYSE:DSUGet Rating) by 8.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 45,749 shares of the financial services provider’s stock after purchasing an additional 3,439 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock Debt Strategies Fund were worth $408,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DSU. Invesco Ltd. grew its position in shares of BlackRock Debt Strategies Fund by 9.6% in the 1st quarter. Invesco Ltd. now owns 684,857 shares of the financial services provider’s stock valued at $7,136,000 after purchasing an additional 59,719 shares during the period. Cohen & Steers Inc. acquired a new position in shares of BlackRock Debt Strategies Fund in the 1st quarter valued at approximately $208,000. Rivernorth Capital Management LLC acquired a new position in shares of BlackRock Debt Strategies Fund in the 1st quarter valued at approximately $1,223,000. Goldman Sachs Group Inc. grew its position in shares of BlackRock Debt Strategies Fund by 72.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 22,219 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 9,342 shares during the period. Finally, Guggenheim Capital LLC grew its position in shares of BlackRock Debt Strategies Fund by 65.5% in the 1st quarter. Guggenheim Capital LLC now owns 1,085,218 shares of the financial services provider’s stock valued at $11,308,000 after purchasing an additional 429,486 shares during the period.

BlackRock Debt Strategies Fund Trading Up 0.1 %

Shares of DSU opened at $9.61 on Tuesday. The stock has a 50 day simple moving average of $9.49 and a 200 day simple moving average of $9.42. BlackRock Debt Strategies Fund, Inc. has a 52-week low of $8.77 and a 52-week high of $11.36.

BlackRock Debt Strategies Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, January 31st. Shareholders of record on Friday, January 13th will be paid a $0.0705 dividend. This represents a $0.85 annualized dividend and a yield of 8.80%. The ex-dividend date of this dividend is Thursday, January 12th.

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.

See Also

Want to see what other hedge funds are holding DSU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Debt Strategies Fund, Inc. (NYSE:DSUGet Rating).

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

Receive News & Ratings for BlackRock Debt Strategies Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Debt Strategies Fund and related companies with MarketBeat.com's FREE daily email newsletter.