GraniteShares Advisors LLC Purchases 16,811 Shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

GraniteShares Advisors LLC lifted its position in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 7.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 229,305 shares of the financial services provider’s stock after purchasing an additional 16,811 shares during the period. BlackRock Debt Strategies Fund accounts for 1.6% of GraniteShares Advisors LLC’s portfolio, making the stock its 27th largest holding. GraniteShares Advisors LLC’s holdings in BlackRock Debt Strategies Fund were worth $2,467,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in shares of BlackRock Debt Strategies Fund during the 3rd quarter worth about $103,000. Private Advisor Group LLC acquired a new position in shares of BlackRock Debt Strategies Fund during the 3rd quarter worth about $111,000. Ameritas Advisory Services LLC acquired a new position in shares of BlackRock Debt Strategies Fund during the 4th quarter worth about $109,000. Monterey Private Wealth Inc. acquired a new position in shares of BlackRock Debt Strategies Fund during the 4th quarter worth about $161,000. Finally, Kingswood Wealth Advisors LLC acquired a new position in shares of BlackRock Debt Strategies Fund during the 4th quarter worth about $165,000. 24.29% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Debt Strategies Fund Stock Performance

BlackRock Debt Strategies Fund stock opened at $10.66 on Wednesday. The company’s 50-day moving average is $10.75 and its 200-day moving average is $10.84. BlackRock Debt Strategies Fund, Inc. has a fifty-two week low of $10.11 and a fifty-two week high of $11.40.

BlackRock Debt Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors 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 yield of 11.12%.

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.