9,342 Shares in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Purchased by Darwin Wealth Management LLC

Darwin Wealth Management LLC bought a new position in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,342 shares of the financial services provider’s stock, valued at approximately $103,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DSU. SeaCrest Wealth Management LLC grew its holdings 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 valued at $130,000 after purchasing an additional 1,608 shares during the period. Elevated Capital Advisors LLC grew its holdings in BlackRock Debt Strategies Fund by 0.4% in the second quarter. Elevated Capital Advisors LLC now owns 443,818 shares of the financial services provider’s stock valued at $4,811,000 after purchasing an additional 1,796 shares during the period. Atomi Financial Group Inc. grew its holdings 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 valued at $420,000 after purchasing an additional 4,521 shares during the period. Register Financial Advisors LLC acquired a new stake in BlackRock Debt Strategies Fund in the second quarter valued at approximately $68,000. Finally, Strategic Wealth Partners Ltd. grew its holdings in BlackRock Debt Strategies Fund by 4.5% in the first quarter. Strategic Wealth Partners Ltd. now owns 152,411 shares of the financial services provider’s stock valued at $1,686,000 after purchasing an additional 6,526 shares during the period. 24.29% of the stock is owned by institutional investors and hedge funds.

BlackRock Debt Strategies Fund Price Performance

Shares of DSU opened at $10.85 on Thursday. The stock’s 50 day moving average is $10.94 and its two-hundred day moving average is $10.91. BlackRock Debt Strategies Fund, Inc. has a 12 month low of $10.10 and a 12 month high of $11.40.

BlackRock Debt Strategies Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.0987 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 10.92%. The ex-dividend date is Friday, November 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.