Restructuring Capital Associates LP lifted its holdings in shares of BlackRock Floating Rate Income SFI (NYSE:FRA) by 25.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 551,777 shares of the investment management company’s stock after purchasing an additional 112,895 shares during the quarter. BlackRock Floating Rate Income SFI accounts for 4.7% of Restructuring Capital Associates LP’s holdings, making the stock its 9th largest position. Restructuring Capital Associates LP’s holdings in BlackRock Floating Rate Income SFI were worth $6,566,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Sheaff Brock Investment Advisors LLC lifted its position in shares of BlackRock Floating Rate Income SFI by 30.1% in the third quarter. Sheaff Brock Investment Advisors LLC now owns 29,800 shares of the investment management company’s stock worth $411,000 after buying an additional 6,900 shares during the last quarter. CIBC World Markets Inc. lifted its position in shares of BlackRock Floating Rate Income SFI by 23.8% in the third quarter. CIBC World Markets Inc. now owns 22,275 shares of the investment management company’s stock worth $307,000 after buying an additional 4,275 shares during the last quarter. Shaker Financial Services LLC lifted its position in shares of BlackRock Floating Rate Income SFI by 101.4% in the third quarter. Shaker Financial Services LLC now owns 64,975 shares of the investment management company’s stock worth $896,000 after buying an additional 32,721 shares during the last quarter. City of London Investment Management Co. Ltd. lifted its position in shares of BlackRock Floating Rate Income SFI by 22.9% in the third quarter. City of London Investment Management Co. Ltd. now owns 32,764 shares of the investment management company’s stock worth $452,000 after buying an additional 6,106 shares during the last quarter. Finally, Blair William & Co. IL acquired a new stake in shares of BlackRock Floating Rate Income SFI in the third quarter worth about $337,000.

Shares of NYSE:FRA traded up $0.01 on Friday, reaching $12.79. The company had a trading volume of 11,111 shares, compared to its average volume of 182,380. BlackRock Floating Rate Income SFI has a twelve month low of $11.63 and a twelve month high of $14.61.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be given a dividend of $0.0695 per share. This represents a $0.83 annualized dividend and a dividend yield of 6.52%. The ex-dividend date is Thursday, March 14th. This is a boost from BlackRock Floating Rate Income SFI’s previous monthly dividend of $0.06.

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BlackRock Floating Rate Income SFI Company Profile

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.

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Institutional Ownership by Quarter for BlackRock Floating Rate Income SFI (NYSE:FRA)

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