BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Shares Bought by Jackson Hole Capital Partners LLC

Jackson Hole Capital Partners LLC lifted its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 113.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 31,105 shares of the financial services provider’s stock after acquiring an additional 16,525 shares during the period. Jackson Hole Capital Partners LLC’s holdings in BlackRock Debt Strategies Fund were worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Private Advisor Group LLC acquired a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at approximately $111,000. Darwin Wealth Management LLC acquired a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at approximately $103,000. Penserra Capital Management LLC acquired a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at approximately $5,081,000. Jane Street Group LLC acquired a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at approximately $170,000. Finally, Elevated Capital Advisors LLC boosted its position in BlackRock Debt Strategies Fund by 0.8% during the 4th quarter. Elevated Capital Advisors LLC now owns 444,027 shares of the financial services provider’s stock valued at $4,778,000 after purchasing an additional 3,439 shares during the period. Institutional investors and hedge funds own 24.29% of the company’s stock.

BlackRock Debt Strategies Fund Stock Performance

NYSE:DSU opened at $10.62 on Friday. BlackRock Debt Strategies Fund, Inc. has a 12-month low of $10.11 and a 12-month high of $11.40. The business has a 50 day simple moving average of $10.73 and a 200 day simple moving average of $10.84.

BlackRock Debt Strategies Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0987 per share. This represents a $1.18 annualized dividend and a yield of 11.16%. The ex-dividend date of this dividend is Friday, March 14th.

About BlackRock Debt Strategies Fund

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.