International Assets Investment Management LLC Acquires Shares of 73,435 BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

International Assets Investment Management LLC bought a new stake in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 73,435 shares of the financial services provider's stock, valued at approximately $792,000. International Assets Investment Management LLC owned about 0.16% of BlackRock Debt Strategies Fund at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group lifted its stake in BlackRock Debt Strategies Fund by 50.0% during the third quarter. Oliver Lagore Vanvalin Investment Group now owns 3,000 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 1,000 shares during the last quarter. SeaCrest Wealth Management LLC lifted its position in shares of BlackRock Debt Strategies Fund by 13.3% in the 4th quarter. SeaCrest Wealth Management LLC now owns 14,847 shares of the financial services provider's stock valued at $159,000 after acquiring an additional 1,741 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of BlackRock Debt Strategies Fund by 7.9% in the 3rd quarter. Kestra Advisory Services LLC now owns 19,253 shares of the financial services provider's stock valued at $198,000 after acquiring an additional 1,410 shares in the last quarter. Raymond James & Associates lifted its position in shares of BlackRock Debt Strategies Fund by 14.9% in the 4th quarter. Raymond James & Associates now owns 21,411 shares of the financial services provider's stock valued at $231,000 after acquiring an additional 2,773 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of BlackRock Debt Strategies Fund by 41.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 47,857 shares of the financial services provider's stock valued at $492,000 after acquiring an additional 14,102 shares in the last quarter. 24.29% of the stock is owned by institutional investors and hedge funds.

BlackRock Debt Strategies Fund Stock Down 0.2 %

Shares of NYSE:DSU traded down $0.02 during mid-day trading on Wednesday, hitting $10.68. The stock had a trading volume of 162,184 shares, compared to its average volume of 155,148. BlackRock Debt Strategies Fund, Inc. has a 12-month low of $9.22 and a 12-month high of $11.40. The company's 50 day moving average is $10.98 and its 200-day moving average is $10.67.

BlackRock Debt Strategies Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be given a $0.0987 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.18 annualized dividend and a dividend yield of 11.09%.

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.