Schwarz Dygos Wheeler Investment Advisors LLC Boosts Holdings in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA)

Schwarz Dygos Wheeler Investment Advisors LLC increased its stake in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 1.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 61,977 shares of the investment management company’s stock after acquiring an additional 803 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $785,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wagner Wealth Management LLC raised its position in shares of BlackRock Floating Rate Income Strategies Fund by 6.4% in the 4th quarter. Wagner Wealth Management LLC now owns 762,535 shares of the investment management company’s stock worth $9,654,000 after acquiring an additional 45,895 shares in the last quarter. Invesco Ltd. boosted its stake in BlackRock Floating Rate Income Strategies Fund by 4.7% during the third quarter. Invesco Ltd. now owns 640,728 shares of the investment management company’s stock worth $8,086,000 after acquiring an additional 28,762 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of BlackRock Floating Rate Income Strategies Fund by 6.0% during the third quarter. Advisors Asset Management Inc. now owns 325,694 shares of the investment management company’s stock valued at $4,110,000 after purchasing an additional 18,350 shares during the last quarter. Graypoint LLC grew its stake in shares of BlackRock Floating Rate Income Strategies Fund by 3.0% in the 4th quarter. Graypoint LLC now owns 167,664 shares of the investment management company’s stock worth $2,123,000 after buying an additional 4,896 shares during the last quarter. Finally, Congress Park Capital LLC increased its position in BlackRock Floating Rate Income Strategies Fund by 13.2% during the 4th quarter. Congress Park Capital LLC now owns 126,813 shares of the investment management company’s stock valued at $1,605,000 after buying an additional 14,822 shares in the last quarter.

BlackRock Floating Rate Income Strategies Fund Trading Up 0.1 %

BlackRock Floating Rate Income Strategies Fund stock traded up $0.01 during mid-day trading on Friday, hitting $13.06. The company had a trading volume of 81,821 shares, compared to its average volume of 158,073. BlackRock Floating Rate Income Strategies Fund, Inc. has a 12 month low of $11.43 and a 12 month high of $13.22. The stock’s 50 day moving average price is $12.92 and its two-hundred day moving average price is $12.50.

BlackRock Floating Rate Income Strategies Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a $0.1238 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.49 annualized dividend and a yield of 11.38%.

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.