BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) shares reached a new 52-week low on Thursday . The company traded as low as $10.31 and last traded at $10.34, with a volume of 14912 shares. The stock had previously closed at $10.46.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 19th. Investors of record on Thursday, December 13th will be issued a dividend of $0.0685 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.94%. The ex-dividend date of this dividend is Wednesday, December 12th.

Several hedge funds have recently bought and sold shares of DSU. NINE MASTS CAPITAL Ltd increased its holdings in shares of BlackRock Debt Strategies Fund by 1.7% during the 3rd quarter. NINE MASTS CAPITAL Ltd now owns 64,000 shares of the financial services provider’s stock worth $71,000 after acquiring an additional 1,100 shares during the last quarter. Shepherd Kaplan Krochuk LLC bought a new stake in BlackRock Debt Strategies Fund in the 3rd quarter valued at $131,000. Envestnet Asset Management Inc. bought a new stake in BlackRock Debt Strategies Fund in the 3rd quarter valued at $203,000. Mizuho Securities USA LLC bought a new stake in BlackRock Debt Strategies Fund in the 3rd quarter valued at $278,000. Finally, Focused Wealth Management Inc bought a new stake in BlackRock Debt Strategies Fund in the 2nd quarter valued at $300,000. 34.25% of the stock is currently owned by institutional investors and hedge funds.

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BlackRock Debt Strategies Fund Company Profile (NYSE:DSU)

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