Klingman & Associates LLC Acquires 1,260 Shares of BlackRock Floating Rate Income Strategies Fund, Inc. $FRA

Klingman & Associates LLC grew its holdings in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,800 shares of the investment management company’s stock after buying an additional 1,260 shares during the quarter. Klingman & Associates LLC’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $576,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new stake in BlackRock Floating Rate Income Strategies Fund in the second quarter valued at about $133,000. OneDigital Investment Advisors LLC acquired a new stake in BlackRock Floating Rate Income Strategies Fund during the first quarter valued at approximately $147,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of BlackRock Floating Rate Income Strategies Fund in the 2nd quarter valued at approximately $250,000. Realta Investment Advisors grew its stake in shares of BlackRock Floating Rate Income Strategies Fund by 145.5% in the 1st quarter. Realta Investment Advisors now owns 29,612 shares of the investment management company’s stock valued at $383,000 after purchasing an additional 17,549 shares during the period. Finally, Future Financial Wealth Managment LLC raised its holdings in shares of BlackRock Floating Rate Income Strategies Fund by 4.3% in the 2nd quarter. Future Financial Wealth Managment LLC now owns 34,357 shares of the investment management company’s stock worth $451,000 after buying an additional 1,403 shares in the last quarter.

BlackRock Floating Rate Income Strategies Fund Stock Performance

BlackRock Floating Rate Income Strategies Fund stock opened at $12.47 on Tuesday. The business has a 50 day simple moving average of $13.09 and a 200 day simple moving average of $12.87. BlackRock Floating Rate Income Strategies Fund, Inc. has a one year low of $10.90 and a one year 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. Stockholders of record on Wednesday, October 15th will be issued a $0.1238 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 11.9%.

BlackRock Floating Rate Income Strategies Fund 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.