Atria Wealth Solutions Inc. Sells 1,000 Shares of BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA)

Atria Wealth Solutions Inc. lessened its stake in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 2.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,081 shares of the investment management company’s stock after selling 1,000 shares during the period. Atria Wealth Solutions Inc.’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $457,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gradient Investments LLC bought a new stake in shares of BlackRock Floating Rate Income Strategies Fund during the fourth quarter valued at approximately $25,000. McGlone Suttner Wealth Management Inc. bought a new stake in BlackRock Floating Rate Income Strategies Fund during the 4th quarter valued at $25,000. Anchor Investment Management LLC purchased a new stake in shares of BlackRock Floating Rate Income Strategies Fund in the 4th quarter worth $49,000. NBC Securities Inc. bought a new position in shares of BlackRock Floating Rate Income Strategies Fund during the 3rd quarter worth $109,000. Finally, Koshinski Asset Management Inc. purchased a new position in shares of BlackRock Floating Rate Income Strategies Fund during the fourth quarter valued at $131,000.

BlackRock Floating Rate Income Strategies Fund Price Performance

NYSE FRA opened at $13.08 on Tuesday. The company’s 50-day simple moving average is $12.96 and its two-hundred day simple moving average is $12.53. BlackRock Floating Rate Income Strategies Fund, Inc. has a one year low of $11.43 and a one year high of $13.22.

BlackRock Floating Rate Income Strategies Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.1238 per share. This represents a $1.49 annualized dividend and a dividend yield of 11.36%. The ex-dividend date is Tuesday, May 14th.

BlackRock Floating Rate Income Strategies Fund Company Profile

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.