Morgan Stanley Buys 56,447 Shares of BlackRock Debt Strategies Fund, Inc. (DSU)

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Morgan Stanley boosted its stake in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 1.6% during the third quarter, HoldingsChannel reports. The firm owned 3,646,172 shares of the financial services provider’s stock after purchasing an additional 56,447 shares during the quarter. Morgan Stanley owned approximately 0.07% of BlackRock Debt Strategies Fund worth $40,619,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Rehmann Capital Advisory Group boosted its position in BlackRock Debt Strategies Fund by 1,014.0% during the third quarter. Rehmann Capital Advisory Group now owns 23,561 shares of the financial services provider’s stock valued at $2,115,000 after purchasing an additional 21,446 shares in the last quarter. Advisors Asset Management Inc. boosted its position in BlackRock Debt Strategies Fund by 4.3% during the third quarter. Advisors Asset Management Inc. now owns 532,988 shares of the financial services provider’s stock valued at $5,937,000 after purchasing an additional 21,904 shares in the last quarter. Vident Investment Advisory LLC boosted its position in BlackRock Debt Strategies Fund by 3.7% during the third quarter. Vident Investment Advisory LLC now owns 280,525 shares of the financial services provider’s stock valued at $3,125,000 after purchasing an additional 10,099 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in BlackRock Debt Strategies Fund during the third quarter valued at about $203,000. Finally, LPL Financial LLC boosted its position in BlackRock Debt Strategies Fund by 34.4% during the third quarter. LPL Financial LLC now owns 59,176 shares of the financial services provider’s stock valued at $659,000 after purchasing an additional 15,150 shares in the last quarter. 34.21% of the stock is currently owned by institutional investors.

Shares of DSU stock opened at $10.45 on Friday. BlackRock Debt Strategies Fund, Inc. has a 1-year low of $9.48 and a 1-year high of $11.75.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, January 9th. Investors of record on Monday, December 31st were given a dividend of $0.0685 per share. This represents a $0.82 dividend on an annualized basis and a yield of 7.87%. The ex-dividend date was Friday, December 28th.

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BlackRock Debt Strategies Fund Company Profile

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

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Want to see what other hedge funds are holding DSU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Debt Strategies Fund, Inc. (NYSE:DSU).

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

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