SG Americas Securities LLC Purchases New Stake in BlackRock Debt Strategies Fund, Inc. (DSU)

SG Americas Securities LLC purchased a new stake in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 16,647 shares of the financial services provider’s stock, valued at approximately $194,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Sit Investment Associates Inc. lifted its position in shares of BlackRock Debt Strategies Fund by 9.9% during the 3rd quarter. Sit Investment Associates Inc. now owns 1,063,384 shares of the financial services provider’s stock worth $12,410,000 after buying an additional 96,015 shares in the last quarter. Citigroup Inc. lifted its position in shares of BlackRock Debt Strategies Fund by 11.2% during the 2nd quarter. Citigroup Inc. now owns 564,853 shares of the financial services provider’s stock worth $6,519,000 after buying an additional 57,019 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of BlackRock Debt Strategies Fund by 9.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 402,561 shares of the financial services provider’s stock worth $4,698,000 after buying an additional 34,251 shares in the last quarter. Arete Wealth Advisors LLC lifted its position in shares of BlackRock Debt Strategies Fund by 93.8% during the 2nd quarter. Arete Wealth Advisors LLC now owns 56,055 shares of the financial services provider’s stock worth $647,000 after buying an additional 27,133 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of BlackRock Debt Strategies Fund by 1.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,422,266 shares of the financial services provider’s stock worth $16,413,000 after buying an additional 24,154 shares in the last quarter. 39.52% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Debt Strategies Fund, Inc. (NYSE DSU) opened at $11.54 on Friday. BlackRock Debt Strategies Fund, Inc. has a 1 year low of $11.13 and a 1 year high of $11.85.

The company also recently announced a monthly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Friday, December 29th will be given a dividend of $0.0685 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.82 annualized dividend and a dividend yield of 7.12%.

COPYRIGHT VIOLATION WARNING: This article was posted by Community Financial News and is the property of of Community Financial News. If you are reading this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright law. The original version of this article can be viewed at https://www.com-unik.info/2017/12/24/sg-americas-securities-llc-purchases-new-stake-in-blackrock-debt-strategies-fund-inc-dsu.html.

BlackRock Debt Strategies Fund Company Profile

BlackRock Debt Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income by investing primarily in a diversified portfolio of the United States companies’ debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services or unrated debt instruments.

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

Receive News & Ratings for BlackRock Debt Strategies Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Debt Strategies Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit