Morgan Stanley Grows Position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU)

Morgan Stanley grew its stake in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 0.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,463,830 shares of the financial services provider’s stock after buying an additional 22,546 shares during the quarter. Morgan Stanley owned approximately 4.99% of BlackRock Debt Strategies Fund worth $20,820,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of DSU. AEGON USA Investment Management LLC grew its stake in shares of BlackRock Debt Strategies Fund by 5.2% during the 1st quarter. AEGON USA Investment Management LLC now owns 75,578 shares of the financial services provider’s stock valued at $639,000 after acquiring an additional 3,729 shares during the period. Envestnet Asset Management Inc. lifted its holdings in BlackRock Debt Strategies Fund by 25.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 37,083 shares of the financial services provider’s stock valued at $415,000 after purchasing an additional 7,465 shares in the last quarter. Bank of America Corp DE lifted its holdings in BlackRock Debt Strategies Fund by 41.2% during the fourth quarter. Bank of America Corp DE now owns 126,283 shares of the financial services provider’s stock valued at $1,415,000 after purchasing an additional 36,823 shares in the last quarter. Penserra Capital Management LLC bought a new position in shares of BlackRock Debt Strategies Fund in the fourth quarter worth approximately $5,524,000. Finally, Commonwealth Equity Services LLC increased its stake in shares of BlackRock Debt Strategies Fund by 3.6% in the first quarter. Commonwealth Equity Services LLC now owns 36,649 shares of the financial services provider’s stock worth $309,000 after purchasing an additional 1,261 shares in the last quarter. 31.92% of the stock is currently owned by hedge funds and other institutional investors.

DSU opened at $9.34 on Wednesday. The firm’s fifty day moving average is $9.47 and its 200 day moving average is $10.01. BlackRock Debt Strategies Fund, Inc. has a fifty-two week low of $5.92 and a fifty-two week high of $11.50.

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.0711 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.85 dividend on an annualized basis and a yield of 9.13%.

BlackRock Debt Strategies Fund 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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