BlackRock Floating Rate Income Strategies Fund, Inc. $FRA Stock Holdings Lifted by Marathon Strategic Advisors LLC

Marathon Strategic Advisors LLC raised its stake in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 9.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 280,236 shares of the investment management company’s stock after buying an additional 23,183 shares during the period. BlackRock Floating Rate Income Strategies Fund makes up about 3.4% of Marathon Strategic Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Marathon Strategic Advisors LLC’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $3,682,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Whitener Capital Management Inc. increased its holdings in shares of BlackRock Floating Rate Income Strategies Fund by 2.7% in the second quarter. Whitener Capital Management Inc. now owns 37,949 shares of the investment management company’s stock valued at $499,000 after buying an additional 1,000 shares in the last quarter. Klingman & Associates LLC raised its stake in BlackRock Floating Rate Income Strategies Fund by 2.9% during the 1st quarter. Klingman & Associates LLC now owns 42,540 shares of the investment management company’s stock valued at $550,000 after purchasing an additional 1,198 shares during the period. Future Financial Wealth Managment LLC raised its stake in BlackRock Floating Rate Income Strategies Fund by 4.3% during the 2nd quarter. Future Financial Wealth Managment LLC now owns 34,357 shares of the investment management company’s stock valued at $451,000 after purchasing an additional 1,403 shares during the period. Graypoint LLC raised its stake in BlackRock Floating Rate Income Strategies Fund by 2.9% during the 1st quarter. Graypoint LLC now owns 192,985 shares of the investment management company’s stock valued at $2,493,000 after purchasing an additional 5,429 shares during the period. Finally, Schwarz Dygos Wheeler Investment Advisors LLC raised its stake in BlackRock Floating Rate Income Strategies Fund by 8.3% during the 1st quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 80,152 shares of the investment management company’s stock valued at $1,036,000 after purchasing an additional 6,118 shares during the period.

BlackRock Floating Rate Income Strategies Fund Price Performance

Shares of NYSE:FRA opened at $12.48 on Friday. The company’s fifty day moving average is $13.10 and its two-hundred day moving average is $12.87. BlackRock Floating Rate Income Strategies Fund, Inc. has a 12-month low of $10.90 and a 12-month high of $14.50.

BlackRock Floating Rate Income Strategies Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.1238 per share. This represents a c) annualized dividend and a yield of 11.9%. The ex-dividend date of this dividend is Wednesday, October 15th.

About BlackRock Floating Rate Income Strategies Fund

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.