Anfield Capital Management LLC Makes New Investment in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA)

Anfield Capital Management LLC bought a new stake in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,993 shares of the investment management company’s stock, valued at approximately $55,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FRA. Klingman & Associates LLC boosted its position in BlackRock Floating Rate Income Strategies Fund by 50.1% in the fourth quarter. Klingman & Associates LLC now owns 41,342 shares of the investment management company’s stock valued at $568,000 after buying an additional 13,795 shares in the last quarter. Realta Investment Advisors bought a new position in shares of BlackRock Floating Rate Income Strategies Fund in the fourth quarter valued at approximately $162,000. Wealth Effects LLC acquired a new position in shares of BlackRock Floating Rate Income Strategies Fund in the 4th quarter worth approximately $166,000. Marathon Strategic Advisors LLC grew its position in BlackRock Floating Rate Income Strategies Fund by 3.3% during the 4th quarter. Marathon Strategic Advisors LLC now owns 248,675 shares of the investment management company’s stock worth $3,419,000 after acquiring an additional 7,877 shares during the last quarter. Finally, Whitener Capital Management Inc. increased its holdings in BlackRock Floating Rate Income Strategies Fund by 3.5% during the 4th quarter. Whitener Capital Management Inc. now owns 30,196 shares of the investment management company’s stock valued at $415,000 after purchasing an additional 1,010 shares in the last quarter.

BlackRock Floating Rate Income Strategies Fund Trading Up 0.0 %

Shares of FRA opened at $13.01 on Friday. The stock has a fifty day moving average price of $13.28 and a two-hundred day moving average price of $13.46. BlackRock Floating Rate Income Strategies Fund, Inc. has a 52-week low of $12.16 and a 52-week high of $14.50.

BlackRock Floating Rate Income Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.1238 per share. The ex-dividend date was Friday, February 14th. This represents a $1.49 annualized dividend and a yield of 11.43%.

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.