BlackRock Debt Strategies Fund (DSU) Hits New 1-Year Low at $10.31
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.
COPYRIGHT VIOLATION NOTICE: “BlackRock Debt Strategies Fund (DSU) Hits New 1-Year Low at $10.31” was first posted by Watch List News and is owned by of Watch List News. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this story can be read at https://www.watchlistnews.com/blackrock-debt-strategies-fund-dsu-hits-new-1-year-low-at-10-31/2666533.html.
There is no company description available for BlackRock Debt Strategies Fund Inc
Read More: Risk Tolerance and Your Investment Decisions
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.