Insider Buying: Leland Hart Acquires 7,000 Shares of BlackRock Floating Rate Income Strat. Fn Stock (FRA)
BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) Portfolio Manager Leland Hart acquired 7,000 shares of BlackRock Floating Rate Income Strat. Fn stock in a transaction that occurred on Wednesday, October 9th. The shares were purchased at an average cost of $14.41 per share, with a total value of $100,870.00. Following the transaction, the portfolio manager now directly owns 19,740 shares of the company’s stock, valued at approximately $284,453. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) traded up 0.62% during mid-day trading on Thursday, hitting $14.59. 126,684 shares of the company’s stock traded hands. BlackRock Floating Rate Income Strat. Fn has a 52 week low of $13.91 and a 52 week high of $16.81. The stock has a 50-day moving average of $14.74 and a 200-day moving average of $15.49.
BlackRock Floating Rate Income Strategies Fund, Inc (NYSE:FRA) is a diversified closed-end management investment company.
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