BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Get Free Report)'s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.51 and traded as low as $10.51. BlackRock Debt Strategies Fund shares last traded at $10.56, with a volume of 300,462 shares traded.
BlackRock Debt Strategies Fund Stock Performance
The business has a 50-day moving average price of $10.52 and a two-hundred day moving average price of $10.45.
BlackRock Debt Strategies Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th were given a dividend of $0.0987 per share. The ex-dividend date of this dividend was Tuesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%.
Institutional Trading of BlackRock Debt Strategies Fund
Large investors have recently modified their holdings of the stock. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of BlackRock Debt Strategies Fund during the 2nd quarter worth approximately $42,000. Cape Investment Advisory Inc. raised its position in BlackRock Debt Strategies Fund by 69.7% during the 1st quarter. Cape Investment Advisory Inc. now owns 5,600 shares of the financial services provider's stock worth $58,000 after buying an additional 2,300 shares during the last quarter. Steel Grove Capital Advisors LLC purchased a new position in BlackRock Debt Strategies Fund during the 4th quarter worth $62,000. Ameritas Advisory Services LLC increased its holdings in shares of BlackRock Debt Strategies Fund by 9.9% in the 1st quarter. Ameritas Advisory Services LLC now owns 11,127 shares of the financial services provider's stock valued at $119,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. purchased a new position in shares of BlackRock Debt Strategies Fund in the 1st quarter valued at about $119,000. Hedge funds and other institutional investors own 24.29% of the company's stock.
About BlackRock Debt Strategies Fund
(
Get Free Report)
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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