Thurston Springer Miller Herd & Titak Inc. Buys Shares of 17,999 BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 17,999 shares of the financial services provider’s stock, valued at approximately $194,000.

Other large investors have also bought and sold shares of the company. Matrix Private Capital Group LLC grew its holdings in 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 worth $1,185,000 after acquiring an additional 8,318 shares during the period. Creative Planning acquired a new stake in shares of BlackRock Debt Strategies Fund during the second quarter worth $589,000. Atomi Financial Group Inc. increased its holdings in BlackRock Debt Strategies Fund by 13.5% in the third 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. Strategic Wealth Partners Ltd. lifted its stake in BlackRock Debt Strategies Fund by 4.7% in the third quarter. Strategic Wealth Partners Ltd. now owns 159,611 shares of the financial services provider’s stock valued at $1,761,000 after buying an additional 7,200 shares during the period. Finally, Worth Asset Management LLC bought a new position in BlackRock Debt Strategies Fund during the third quarter worth about $151,000. 24.29% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Debt Strategies Fund Stock Performance

BlackRock Debt Strategies Fund stock opened at $10.69 on Friday. The business has a 50-day moving average of $10.82 and a 200-day moving average of $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 Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a $0.0987 dividend. This represents a $1.18 annualized dividend and a yield of 11.09%. The ex-dividend date is Wednesday, January 15th.

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.