Hanson McClain Inc. Buys Shares of 11,820 BlackRock Debt Strategies Fund, Inc. (DSU)

Hanson McClain Inc. bought a new stake in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 11,820 shares of the financial services provider’s stock, valued at approximately $127,000.

A number of other large investors have also made changes to their positions in DSU. JPMorgan Chase & Co. boosted its stake in BlackRock Debt Strategies Fund by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,185,722 shares of the financial services provider’s stock valued at $13,209,000 after purchasing an additional 20,766 shares during the period. Virtu Financial LLC bought a new stake in BlackRock Debt Strategies Fund during the 4th quarter valued at approximately $121,000. We Are One Seven LLC bought a new stake in BlackRock Debt Strategies Fund during the 4th quarter valued at approximately $64,000. Advisors Asset Management Inc. boosted its stake in BlackRock Debt Strategies Fund by 13.0% during the 4th quarter. Advisors Asset Management Inc. now owns 602,244 shares of the financial services provider’s stock valued at $5,884,000 after purchasing an additional 69,256 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in BlackRock Debt Strategies Fund by 324.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 4,579 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 3,499 shares during the period. Hedge funds and other institutional investors own 41.78% of the company’s stock.

Shares of NYSE:DSU opened at $10.72 on Friday. BlackRock Debt Strategies Fund, Inc. has a twelve month low of $9.48 and a twelve month high of $11.41.

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a dividend of $0.0685 per share. The ex-dividend date is Tuesday, May 14th. This represents a $0.82 annualized dividend and a yield of 7.67%.

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BlackRock Debt Strategies Fund Profile

There is no company description available for BlackRock Debt Strategies Fund Inc

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

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