LPL Financial LLC Has $1.34 Million Holdings in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

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LPL Financial LLC boosted its stake in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 52.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 124,587 shares of the financial services provider’s stock after purchasing an additional 42,597 shares during the quarter. LPL Financial LLC’s holdings in BlackRock Debt Strategies Fund were worth $1,342,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Landscape Capital Management L.L.C. raised its holdings in BlackRock Debt Strategies Fund by 28.7% during the 2nd quarter. Landscape Capital Management L.L.C. now owns 1,557,080 shares of the financial services provider’s stock worth $16,770,000 after buying an additional 347,611 shares during the period. Sit Investment Associates Inc. grew its stake in BlackRock Debt Strategies Fund by 71.6% during the 1st quarter. Sit Investment Associates Inc. now owns 1,494,671 shares of the financial services provider’s stock valued at $16,023,000 after acquiring an additional 623,789 shares in the last quarter. JPMorgan Chase & Co. grew its stake in BlackRock Debt Strategies Fund by 1.3% during the 1st quarter. JPMorgan Chase & Co. now owns 1,238,249 shares of the financial services provider’s stock valued at $13,274,000 after acquiring an additional 15,333 shares in the last quarter. Almitas Capital LLC grew its stake in BlackRock Debt Strategies Fund by 63.7% during the 1st quarter. Almitas Capital LLC now owns 798,659 shares of the financial services provider’s stock valued at $8,562,000 after acquiring an additional 310,720 shares in the last quarter. Finally, Family Management Corp grew its stake in BlackRock Debt Strategies Fund by 37.6% during the 1st quarter. Family Management Corp now owns 200,343 shares of the financial services provider’s stock valued at $2,148,000 after acquiring an additional 54,719 shares in the last quarter. Hedge funds and other institutional investors own 35.40% of the company’s stock.

NYSE:DSU traded up $0.02 on Thursday, hitting $10.80. 212 shares of the company’s stock traded hands, compared to its average volume of 120,505. BlackRock Debt Strategies Fund, Inc. has a 1 year low of $9.48 and a 1 year high of $11.27. The firm has a 50-day moving average price of $10.79 and a 200-day moving average price of $10.76.

The firm also recently announced a — dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.0685 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a yield of 7.7%.

About BlackRock Debt Strategies Fund

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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