Commonwealth Equity Services LLC Sells 3,547 Shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Commonwealth Equity Services LLC lessened its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 11.4% in the 1st quarter, Holdings Channel reports. The firm owned 27,543 shares of the financial services provider’s stock after selling 3,547 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock Debt Strategies Fund were worth $302,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of DSU. Cambridge Investment Research Advisors Inc. increased its position in shares of BlackRock Debt Strategies Fund by 10.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 69,834 shares of the financial services provider’s stock worth $730,000 after acquiring an additional 6,748 shares in the last quarter. Arete Wealth Advisors LLC increased its position in shares of BlackRock Debt Strategies Fund by 1.8% during the fourth quarter. Arete Wealth Advisors LLC now owns 109,722 shares of the financial services provider’s stock worth $1,147,000 after acquiring an additional 1,891 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in shares of BlackRock Debt Strategies Fund during the fourth quarter worth $881,000. Mid Atlantic Financial Management Inc. ADV increased its position in shares of BlackRock Debt Strategies Fund by 4.2% during the fourth quarter. Mid Atlantic Financial Management Inc. ADV now owns 85,238 shares of the financial services provider’s stock worth $891,000 after acquiring an additional 3,435 shares in the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in shares of BlackRock Debt Strategies Fund during the fourth quarter worth $274,000. 26.10% of the stock is owned by hedge funds and other institutional investors.

Shares of DSU stock opened at $11.38 on Friday. The stock’s fifty day moving average is $11.10. BlackRock Debt Strategies Fund, Inc. has a 12-month low of $9.19 and a 12-month high of $11.52.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, June 30th. Stockholders of record on Tuesday, June 15th will be given a dividend of $0.0605 per share. This represents a $0.73 annualized dividend and a dividend yield of 6.38%. The ex-dividend date of this dividend is Monday, June 14th.

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.

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Institutional Ownership by Quarter for BlackRock Debt Strategies Fund (NYSE:DSU)

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