BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC reduced its position in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 3.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,107 shares of the financial services provider’s stock after selling 2,897 shares during the period. Capital Investment Advisors LLC owned approximately 0.19% of BlackRock Debt Strategies Fund worth $1,005,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Elevated Capital Advisors LLC acquired a new position in BlackRock Debt Strategies Fund during the third quarter worth about $4,502,000. Bramshill Investments LLC grew its holdings in BlackRock Debt Strategies Fund by 6.5% during the second quarter. Bramshill Investments LLC now owns 1,291,867 shares of the financial services provider’s stock worth $14,791,000 after acquiring an additional 78,678 shares during the period. Bank of America Corp DE grew its holdings in BlackRock Debt Strategies Fund by 8.3% during the second quarter. Bank of America Corp DE now owns 372,326 shares of the financial services provider’s stock worth $4,263,000 after acquiring an additional 28,512 shares during the period. Congress Park Capital LLC grew its holdings in BlackRock Debt Strategies Fund by 30.6% during the second quarter. Congress Park Capital LLC now owns 223,356 shares of the financial services provider’s stock worth $2,557,000 after acquiring an additional 52,275 shares during the period. Finally, LPL Financial LLC grew its holdings in BlackRock Debt Strategies Fund by 5.3% during the second quarter. LPL Financial LLC now owns 246,922 shares of the financial services provider’s stock worth $2,827,000 after acquiring an additional 12,510 shares during the period. 25.75% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:DSU opened at $11.72 on Thursday. The business’s 50-day moving average price is $11.59. BlackRock Debt Strategies Fund, Inc. has a 52-week low of $10.07 and a 52-week high of $12.50.

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 30th. Investors of record on Monday, November 15th will be given a $0.0605 dividend. The ex-dividend date of this dividend is Friday, November 12th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 6.19%.

BlackRock Debt Strategies Fund 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.

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Institutional Ownership by Quarter for BlackRock Debt Strategies Fund (NYSE:DSU)

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