Northwestern Mutual Wealth Management Co. Raises Stake in BlackRock Debt Strategies Fund, Inc. (DSU)

Northwestern Mutual Wealth Management Co. grew its position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 25.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,951 shares of the financial services provider’s stock after purchasing an additional 32,635 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.30% of BlackRock Debt Strategies Fund worth $1,782,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of DSU. LPL Financial LLC increased its stake in shares of BlackRock Debt Strategies Fund by 88.1% during the first quarter. LPL Financial LLC now owns 24,020 shares of the financial services provider’s stock worth $279,000 after buying an additional 11,249 shares during the period. Guggenheim Capital LLC purchased a new stake in shares of BlackRock Debt Strategies Fund during the first quarter worth approximately $127,000. Cornerstone Wealth Management LLC purchased a new stake in shares of BlackRock Debt Strategies Fund during the second quarter worth approximately $1,385,000. Raymond James Financial Services Advisors Inc. increased its stake in BlackRock Debt Strategies Fund by 16.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 37,086 shares of the financial services provider’s stock valued at $415,000 after purchasing an additional 5,159 shares during the last quarter. Finally, Robinson Capital Management LLC purchased a new position in BlackRock Debt Strategies Fund in the second quarter valued at approximately $209,000. Institutional investors own 35.41% of the company’s stock.

Shares of BlackRock Debt Strategies Fund stock opened at $10.78 on Friday. BlackRock Debt Strategies Fund, Inc. has a 52 week low of $10.63 and a 52 week high of $11.82.

The business also recently declared a monthly dividend, which will be paid on Friday, November 30th. Shareholders of record on Thursday, November 15th will be paid a $0.0685 dividend. The ex-dividend date is Wednesday, November 14th. This represents a $0.82 annualized dividend and a yield of 7.63%.

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BlackRock Debt Strategies Fund Company Profile

There is no company description available for BlackRock Debt Strategies Fund Inc

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Institutional Ownership by Quarter for BlackRock Debt Strategies Fund (NYSE:DSU)

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