MML Investors Services LLC decreased its position in BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,009 shares of the investment management company’s stock after selling 75 shares during the quarter. MML Investors Services LLC owned 0.06% of BlackRock Floating Rate Income Strat. Fn worth $324,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. D.A. Davidson & CO. grew its position in BlackRock Floating Rate Income Strat. Fn by 5.2% in the second quarter. D.A. Davidson & CO. now owns 13,283 shares of the investment management company’s stock valued at $187,000 after acquiring an additional 656 shares in the last quarter. Ameriprise Financial Inc. grew its position in BlackRock Floating Rate Income Strat. Fn by 30.0% in the second quarter. Ameriprise Financial Inc. now owns 211,102 shares of the investment management company’s stock valued at $2,958,000 after acquiring an additional 48,706 shares in the last quarter. Coastline Trust Co grew its position in BlackRock Floating Rate Income Strat. Fn by 4.1% in the second quarter. Coastline Trust Co now owns 100,595 shares of the investment management company’s stock valued at $1,416,000 after acquiring an additional 3,960 shares in the last quarter. Eaton Vance Management acquired a new stake in BlackRock Floating Rate Income Strat. Fn in the second quarter valued at approximately $3,631,000. Finally, Flagship Harbor Advisors LLC grew its position in BlackRock Floating Rate Income Strat. Fn by 5.9% in the second quarter. Flagship Harbor Advisors LLC now owns 18,155 shares of the investment management company’s stock valued at $258,000 after acquiring an additional 1,011 shares in the last quarter.

Shares of BlackRock Floating Rate Income Strat. Fn (NYSE FRA) opened at 14.36 on Friday. The firm has a 50-day moving average of $14.05 and a 200 day moving average of $14.26. BlackRock Floating Rate Income Strat. Fn has a 12 month low of $13.36 and a 12 month high of $14.85.

The business also recently disclosed a monthly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a $0.061 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date of this dividend was Thursday, September 14th.

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BlackRock Floating Rate Income Strat. Fn Profile

BlackRock Floating Rate Income Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments.

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Institutional Ownership by Quarter for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)

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