Realta Investment Advisors Purchases New Holdings in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA)

Realta Investment Advisors purchased a new position in shares of BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) during the 4th quarter, Holdings Channel.com reports. The fund purchased 12,063 shares of the investment management company’s stock, valued at approximately $162,000.

Other institutional investors have also recently made changes to their positions in the company. Cornerstone Advisors LLC bought a new position in shares of BlackRock Floating Rate Income Strategies Fund in the third quarter valued at $140,000. Eastern Bank bought a new position in shares of BlackRock Floating Rate Income Strategies Fund in the 3rd quarter valued at about $145,000. Wealth Effects LLC acquired a new position in shares of BlackRock Floating Rate Income Strategies Fund during the 4th quarter worth about $166,000. Objective Capital Management LLC bought a new stake in shares of BlackRock Floating Rate Income Strategies Fund in the 3rd quarter valued at about $206,000. Finally, EP Wealth Advisors LLC acquired a new stake in BlackRock Floating Rate Income Strategies Fund in the 3rd quarter valued at about $276,000.

BlackRock Floating Rate Income Strategies Fund Trading Down 0.1 %

BlackRock Floating Rate Income Strategies Fund stock opened at $12.98 on Friday. The stock has a 50-day simple moving average of $13.62 and a 200 day simple moving average of $13.49. BlackRock Floating Rate Income Strategies Fund, Inc. has a 52 week low of $12.16 and a 52 week high of $14.50.

BlackRock Floating Rate Income Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.1238 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.49 dividend on an annualized basis and a yield of 11.45%.

BlackRock Floating Rate Income Strategies Fund 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.