Apriem Advisors increased its position in shares of BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) by 41.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,250 shares of the investment management company’s stock after buying an additional 17,950 shares during the period. Apriem Advisors’ holdings in BlackRock Floating Rate Income Strat. Fn were worth $862,000 as of its most recent filing with the SEC.

Separately, Shaker Financial Services LLC bought a new position in BlackRock Floating Rate Income Strat. Fn during the second quarter worth $233,000.

BlackRock Floating Rate Income Strat. Fn (FRA) traded up 0.07% during trading on Monday, hitting $14.03. The company’s stock had a trading volume of 16,066 shares. BlackRock Floating Rate Income Strat. Fn has a one year low of $13.36 and a one year high of $14.85. The company has a 50-day moving average of $14.11 and a 200 day moving average of $14.37.

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be paid a $0.061 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date is Friday, August 11th.

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About BlackRock Floating Rate Income Strat. Fn

BlackRock Floating Rate Income Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments.

Institutional Ownership by Quarter for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)

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