BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Shares Bought by Wagner Wealth Management LLC

Wagner Wealth Management LLC boosted its stake in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 2.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,169 shares of the investment management company’s stock after purchasing an additional 1,662 shares during the period. Wagner Wealth Management LLC’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $842,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in FRA. Anfield Capital Management LLC acquired a new stake in BlackRock Floating Rate Income Strategies Fund in the fourth quarter valued at approximately $55,000. PNC Financial Services Group Inc. grew its holdings in BlackRock Floating Rate Income Strategies Fund by 47.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,454 shares of the investment management company’s stock valued at $75,000 after purchasing an additional 1,744 shares in the last quarter. Comerica Bank grew its stake in shares of BlackRock Floating Rate Income Strategies Fund by 140.0% during the fourth quarter. Comerica Bank now owns 6,853 shares of the investment management company’s stock valued at $94,000 after acquiring an additional 3,998 shares in the last quarter. NBC Securities Inc. grew its stake in shares of BlackRock Floating Rate Income Strategies Fund by 108,525.0% during the first quarter. NBC Securities Inc. now owns 8,690 shares of the investment management company’s stock valued at $112,000 after acquiring an additional 8,682 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of BlackRock Floating Rate Income Strategies Fund during the fourth quarter valued at about $144,000.

BlackRock Floating Rate Income Strategies Fund Stock Performance

Shares of BlackRock Floating Rate Income Strategies Fund stock opened at $12.83 on Tuesday. BlackRock Floating Rate Income Strategies Fund, Inc. has a 1-year low of $10.90 and a 1-year high of $14.50. The business has a 50-day moving average of $12.52 and a 200-day moving average of $12.99.

BlackRock Floating Rate Income Strategies Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.1238 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.49 dividend on an annualized basis and a yield of 11.58%.

BlackRock Floating Rate Income Strategies Fund 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.