Moloney Securities Asset Management LLC Has $1.34 Million Stake in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Moloney Securities Asset Management LLC raised its stake in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 43.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,886 shares of the financial services provider’s stock after buying an additional 37,956 shares during the period. Moloney Securities Asset Management LLC’s holdings in BlackRock Debt Strategies Fund were worth $1,344,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Penserra Capital Management LLC bought a new position in shares of BlackRock Debt Strategies Fund in the 3rd quarter valued at approximately $5,081,000. Creative Planning acquired a new position in BlackRock Debt Strategies Fund during the second quarter valued at approximately $589,000. Private Advisor Group LLC bought a new position in shares of BlackRock Debt Strategies Fund in the third quarter valued at approximately $111,000. Jane Street Group LLC acquired a new stake in shares of BlackRock Debt Strategies Fund in the third quarter worth $170,000. Finally, SeaCrest Wealth Management LLC boosted its holdings in shares of BlackRock Debt Strategies Fund by 30.5% during the 4th quarter. SeaCrest Wealth Management LLC now owns 15,399 shares of the financial services provider’s stock worth $166,000 after buying an additional 3,599 shares during the period. Institutional investors and hedge funds own 24.29% of the company’s stock.

BlackRock Debt Strategies Fund Trading Down 0.6 %

NYSE:DSU opened at $10.72 on Monday. BlackRock Debt Strategies Fund, Inc. has a 1 year low of $10.11 and a 1 year high of $11.40. The firm’s fifty day simple moving average is $10.78 and its 200 day simple moving average is $10.86.

BlackRock Debt Strategies Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.0987 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 11.06%.

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.