12,063 Shares in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Bought by Realta Investment Advisors

Realta Investment Advisors bought a new stake in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,063 shares of the investment management company’s stock, valued at approximately $162,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FRA. Eastern Bank bought a new position in shares of BlackRock Floating Rate Income Strategies Fund during the 3rd quarter valued at about $145,000. International Assets Investment Management LLC bought a new position in BlackRock Floating Rate Income Strategies Fund in the third quarter valued at approximately $18,990,000. Whitener Capital Management Inc. boosted its holdings in shares of BlackRock Floating Rate Income Strategies Fund by 4.4% in the third quarter. Whitener Capital Management Inc. now owns 29,186 shares of the investment management company’s stock valued at $385,000 after buying an additional 1,236 shares during the period. Graypoint LLC boosted its holdings in shares of BlackRock Floating Rate Income Strategies Fund by 2.8% in the third quarter. Graypoint LLC now owns 182,625 shares of the investment management company’s stock valued at $2,411,000 after buying an additional 5,037 shares during the period. Finally, Klingman & Associates LLC increased its position in shares of BlackRock Floating Rate Income Strategies Fund by 2.8% during the third quarter. Klingman & Associates LLC now owns 27,547 shares of the investment management company’s stock worth $364,000 after acquiring an additional 761 shares in the last quarter.

BlackRock Floating Rate Income Strategies Fund Stock Down 0.1 %

FRA opened at $12.98 on Friday. BlackRock Floating Rate Income Strategies Fund, Inc. has a 12 month low of $12.16 and a 12 month high of $14.50. The firm’s fifty day simple moving average is $13.62 and its 200 day simple moving average is $13.49.

BlackRock Floating Rate Income Strategies Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.1238 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.49 dividend on an annualized basis and a dividend yield of 11.45%.

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.