Benjamin F. Edwards & Company Inc. Increases Holdings in BlackRock Debt Strategies Fund, Inc. (DSU)

Share on StockTwits

Benjamin F. Edwards & Company Inc. grew its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 324.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,579 shares of the financial services provider’s stock after acquiring an additional 3,499 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in BlackRock Debt Strategies Fund were worth $45,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in DSU. Advisors Asset Management Inc. raised its position in shares of BlackRock Debt Strategies Fund by 7.0% in the second quarter. Advisors Asset Management Inc. now owns 511,084 shares of the financial services provider’s stock valued at $5,714,000 after buying an additional 33,232 shares during the last quarter. Mizuho Securities USA LLC acquired a new stake in shares of BlackRock Debt Strategies Fund in the third quarter valued at about $278,000. Cornerstone Wealth Management LLC raised its position in shares of BlackRock Debt Strategies Fund by 255.1% in the third quarter. Cornerstone Wealth Management LLC now owns 54,915 shares of the financial services provider’s stock valued at $4,654,000 after buying an additional 39,449 shares during the last quarter. Dorsey & Whitney Trust CO LLC acquired a new stake in shares of BlackRock Debt Strategies Fund in the third quarter valued at about $422,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of BlackRock Debt Strategies Fund by 25.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 159,951 shares of the financial services provider’s stock valued at $1,782,000 after buying an additional 32,635 shares during the last quarter. Institutional investors own 33.88% of the company’s stock.

Shares of DSU opened at $10.57 on Thursday. BlackRock Debt Strategies Fund, Inc. has a 12-month low of $9.48 and a 12-month high of $11.72.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be issued a $0.0685 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date is Thursday, February 14th.

TRADEMARK VIOLATION NOTICE: “Benjamin F. Edwards & Company Inc. Increases Holdings in BlackRock Debt Strategies Fund, Inc. (DSU)” was first posted by Week Herald and is the property of of Week Herald. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this news story can be viewed at https://weekherald.com/2019/02/14/benjamin-f-edwards-company-inc-increases-holdings-in-blackrock-debt-strategies-fund-inc-dsu.html.

BlackRock Debt Strategies Fund Company Profile

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

Further Reading: Options Trading – Understanding Strike Price

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.

Leave a Reply