BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Shares Purchased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC raised its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 15.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,800 shares of the financial services provider’s stock after purchasing an additional 1,608 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in BlackRock Debt Strategies Fund were worth $130,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Creative Planning acquired a new stake in shares of BlackRock Debt Strategies Fund during the 2nd quarter worth about $589,000. Moloney Securities Asset Management LLC increased its position in shares of BlackRock Debt Strategies Fund by 14.5% during the first quarter. Moloney Securities Asset Management LLC now owns 58,244 shares of the financial services provider’s stock valued at $644,000 after acquiring an additional 7,369 shares during the last quarter. Atomi Financial Group Inc. increased its position in shares of BlackRock Debt Strategies Fund by 11.4% during the first quarter. Atomi Financial Group Inc. now owns 27,786 shares of the financial services provider’s stock valued at $307,000 after acquiring an additional 2,833 shares during the last quarter. Register Financial Advisors LLC purchased a new stake in shares of BlackRock Debt Strategies Fund in the 2nd quarter valued at approximately $68,000. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of BlackRock Debt Strategies Fund by 22.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 29,859 shares of the financial services provider’s stock worth $330,000 after acquiring an additional 5,497 shares during the last quarter. Hedge funds and other institutional investors own 24.29% of the company’s stock.

BlackRock Debt Strategies Fund Trading Up 0.7 %

BlackRock Debt Strategies Fund stock opened at $10.88 on Friday. BlackRock Debt Strategies Fund, Inc. has a fifty-two week low of $9.75 and a fifty-two week high of $11.40. The firm has a 50 day moving average price of $10.93 and a 200 day moving average price of $10.89.

BlackRock Debt Strategies Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a $0.0987 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $1.18 annualized dividend and a dividend yield of 10.89%.

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.