BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Shares Sold by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC reduced its position in shares of BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 25.6% during the second quarter, Holdings Channel.com reports. The fund owned 1,374,028 shares of the financial services provider’s stock after selling 473,391 shares during the quarter. BlackRock Debt Strategies Fund accounts for approximately 0.6% of Rivernorth Capital Management LLC’s investment portfolio, making the stock its 27th largest position. Rivernorth Capital Management LLC’s holdings in BlackRock Debt Strategies Fund were worth $14,798,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new position in BlackRock Debt Strategies Fund during the second quarter worth about $26,000. Advisor Group Inc. grew its holdings in BlackRock Debt Strategies Fund by 16.6% during the second quarter. Advisor Group Inc. now owns 11,650 shares of the financial services provider’s stock worth $125,000 after acquiring an additional 1,660 shares during the period. Creative Planning grew its holdings in BlackRock Debt Strategies Fund by 9.2% during the second quarter. Creative Planning now owns 11,843 shares of the financial services provider’s stock worth $128,000 after acquiring an additional 999 shares during the period. Sheaff Brock Investment Advisors LLC acquired a new position in BlackRock Debt Strategies Fund during the second quarter worth about $148,000. Finally, Lindbrook Capital LLC grew its holdings in BlackRock Debt Strategies Fund by 123.1% during the second quarter. Lindbrook Capital LLC now owns 14,500 shares of the financial services provider’s stock worth $156,000 after acquiring an additional 8,000 shares during the period. 35.40% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:DSU traded down $0.01 during mid-day trading on Friday, reaching $10.81. 3,000 shares of the stock were exchanged, compared to its average volume of 122,362. The business has a fifty day moving average price of $10.79 and a 200 day moving average price of $10.76. BlackRock Debt Strategies Fund, Inc. has a 1-year low of $9.48 and a 1-year high of $11.27.

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

BlackRock Debt Strategies Fund 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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