Capital Investment Advisors LLC Sells 2,819 Shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Capital Investment Advisors LLC cut its stake in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 4.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,471 shares of the financial services provider’s stock after selling 2,819 shares during the quarter. Capital Investment Advisors LLC’s holdings in BlackRock Debt Strategies Fund were worth $597,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. SeaCrest Wealth Management LLC grew its holdings in shares of BlackRock Debt Strategies Fund by 15.8% during the 3rd 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 last quarter. Atomi Financial Group Inc. grew its holdings in shares of BlackRock Debt Strategies Fund by 13.5% during the 3rd 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 last quarter. Moloney Securities Asset Management LLC grew its holdings in shares of BlackRock Debt Strategies Fund by 8.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 86,930 shares of the financial services provider’s stock valued at $959,000 after purchasing an additional 7,072 shares during the last quarter. Strategic Wealth Partners Ltd. grew its holdings in shares of BlackRock Debt Strategies Fund by 4.7% during the 3rd quarter. Strategic Wealth Partners Ltd. now owns 159,611 shares of the financial services provider’s stock valued at $1,761,000 after purchasing an additional 7,200 shares during the last quarter. Finally, Matrix Private Capital Group LLC grew its holdings in shares of BlackRock Debt Strategies Fund by 8.2% during the 2nd quarter. Matrix Private Capital Group LLC now owns 109,322 shares of the financial services provider’s stock valued at $1,185,000 after purchasing an additional 8,318 shares during the last quarter. 24.29% of the stock is owned by institutional investors.

BlackRock Debt Strategies Fund Stock Down 0.1 %

Shares of BlackRock Debt Strategies Fund stock opened at $10.76 on Thursday. The firm’s 50 day moving average is $10.83 and its 200 day moving average is $10.88. BlackRock Debt Strategies Fund, Inc. has a 1 year low of $10.11 and a 1 year high of $11.40.

BlackRock Debt Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a dividend of $0.0987 per share. This represents a $1.18 annualized dividend and a dividend yield of 11.01%. The ex-dividend date of this dividend is Wednesday, January 15th.

About BlackRock Debt Strategies Fund

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.