National Asset Management Inc. Has $1.24 Million Stock Holdings in BlackRock Floating Rate Income SFI (NYSE:FRA)

National Asset Management Inc. grew its position in BlackRock Floating Rate Income SFI (NYSE:FRA) by 792.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 123,485 shares of the investment management company’s stock after purchasing an additional 109,646 shares during the period. National Asset Management Inc.’s holdings in BlackRock Floating Rate Income SFI were worth $1,237,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Penserra Capital Management LLC acquired a new stake in shares of BlackRock Floating Rate Income SFI during the fourth quarter worth $7,654,000. Eaton Vance Management raised its holdings in shares of BlackRock Floating Rate Income SFI by 100.1% during the fourth quarter. Eaton Vance Management now owns 521,453 shares of the investment management company’s stock worth $7,008,000 after acquiring an additional 260,825 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in shares of BlackRock Floating Rate Income SFI during the fourth quarter worth $1,956,000. First Foundation Advisors raised its holdings in shares of BlackRock Floating Rate Income SFI by 147.3% during the fourth quarter. First Foundation Advisors now owns 207,997 shares of the investment management company’s stock worth $2,795,000 after acquiring an additional 123,895 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of BlackRock Floating Rate Income SFI by 61.6% during the fourth quarter. Bank of America Corp DE now owns 302,598 shares of the investment management company’s stock worth $4,068,000 after acquiring an additional 115,336 shares during the period.

Shares of NYSE:FRA traded up $0.10 during midday trading on Friday, reaching $10.97. 85,901 shares of the company were exchanged, compared to its average volume of 271,745. BlackRock Floating Rate Income SFI has a fifty-two week low of $6.72 and a fifty-two week high of $13.66. The stock has a fifty day simple moving average of $10.68 and a two-hundred day simple moving average of $12.19.

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a dividend of $0.079 per share. The ex-dividend date is Thursday, May 14th. This represents a $0.95 dividend on an annualized basis and a dividend yield of 8.64%.

BlackRock Floating Rate Income SFI Company Profile

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.

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Institutional Ownership by Quarter for BlackRock Floating Rate Income SFI (NYSE:FRA)

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