89,404 Shares in BlackRock Debt Strategies Fund, Inc. $DSU Bought by Ethos Financial Group LLC

Key Points

• Ethos Financial Group LLC has invested approximately $933,000 in BlackRock Debt Strategies Fund, acquiring 89,404 shares, amounting to 0.16% of the fund as of their latest SEC filing.
• BlackRock Debt Strategies Fund announced a monthly dividend of $0.0987, with an annualized yield of 11.3%, payable on August 29th.
• Shares of BlackRock Debt Strategies Fund (NYSE: DSU) opened at $10.52, reflecting a slight decline of 0.6% recently.

Ethos Financial Group LLC purchased a new position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 89,404 shares of the financial services provider's stock, valued at approximately $933,000. Ethos Financial Group LLC owned about 0.16% of BlackRock Debt Strategies Fund as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Steel Grove Capital Advisors LLC purchased a new stake in shares of BlackRock Debt Strategies Fund during the 4th quarter worth approximately $62,000. Astoria Portfolio Advisors LLC. purchased a new stake in BlackRock Debt Strategies Fund in the first quarter valued at $119,000. Ameritas Advisory Services LLC lifted 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 during the last quarter. Private Advisor Group LLC lifted its holdings in shares of BlackRock Debt Strategies Fund by 57.1% in the 1st quarter. Private Advisor Group LLC now owns 16,084 shares of the financial services provider's stock valued at $168,000 after purchasing an additional 5,845 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of BlackRock Debt Strategies Fund in the 4th quarter valued at about $175,000. Hedge funds and other institutional investors own 24.29% of the company's stock.

BlackRock Debt Strategies Fund Price Performance

Shares of BlackRock Debt Strategies Fund stock traded down $0.0150 during trading hours on Thursday, hitting $10.4850. 199,583 shares of the company were exchanged, compared to its average volume of 250,921. BlackRock Debt Strategies Fund, Inc. has a 1 year low of $8.72 and a 1 year high of $11.19. The business has a 50-day moving average of $10.53 and a 200-day moving average of $10.44.

BlackRock Debt Strategies Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a dividend of $0.0987 per share. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date is Friday, August 15th.

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.