Moloney Securities Asset Management LLC Buys 7,072 Shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Moloney Securities Asset Management LLC grew its stake in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 8.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,930 shares of the financial services provider’s stock after buying an additional 7,072 shares during the period. Moloney Securities Asset Management LLC owned approximately 0.19% of BlackRock Debt Strategies Fund worth $959,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DSU. Creative Planning bought a new position in BlackRock Debt Strategies Fund during the second quarter worth about $589,000. Shaker Financial Services LLC bought a new position in shares of BlackRock Debt Strategies Fund during the 2nd quarter valued at about $300,000. GraniteShares Advisors LLC lifted its holdings in shares of BlackRock Debt Strategies Fund by 14.3% during the 2nd quarter. GraniteShares Advisors LLC now owns 177,976 shares of the financial services provider’s stock valued at $1,929,000 after purchasing an additional 22,199 shares in the last quarter. Worth Asset Management LLC bought a new position in shares of BlackRock Debt Strategies Fund during the 3rd quarter valued at about $151,000. Finally, Private Advisor Group LLC bought a new position in shares of BlackRock Debt Strategies Fund during the 3rd quarter valued at about $111,000. Institutional investors own 24.29% of the company’s stock.

BlackRock Debt Strategies Fund Trading Up 0.5 %

NYSE:DSU opened at $10.86 on Wednesday. BlackRock Debt Strategies Fund, Inc. has a fifty-two week low of $10.05 and a fifty-two week high of $11.40. The business’s 50-day simple moving average is $10.94 and its 200-day simple moving average is $10.90.

BlackRock Debt Strategies Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a $0.0987 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 10.91%. The ex-dividend date is Friday, November 15th.

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.