BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. raised its holdings in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 143,645 shares of the investment management company’s stock after acquiring an additional 4,668 shares during the period. Rockefeller Capital Management L.P.’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $1,896,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Horizon Kinetics Asset Management LLC raised its holdings in BlackRock Floating Rate Income Strategies Fund by 24.6% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 73,870 shares of the investment management company’s stock valued at $975,000 after acquiring an additional 14,579 shares during the last quarter. Penserra Capital Management LLC acquired a new stake in BlackRock Floating Rate Income Strategies Fund in the 3rd quarter valued at about $13,195,000. Cornerstone Advisors LLC acquired a new stake in BlackRock Floating Rate Income Strategies Fund in the 3rd quarter valued at about $140,000. Advisors Asset Management Inc. raised its holdings in BlackRock Floating Rate Income Strategies Fund by 19.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 362,930 shares of the investment management company’s stock valued at $4,791,000 after acquiring an additional 59,840 shares during the last quarter. Finally, Objective Capital Management LLC acquired a new stake in BlackRock Floating Rate Income Strategies Fund in the 3rd quarter valued at about $206,000.

BlackRock Floating Rate Income Strategies Fund Stock Performance

Shares of NYSE FRA opened at $14.31 on Friday. The company has a 50 day simple moving average of $13.82 and a 200-day simple moving average of $13.36. BlackRock Floating Rate Income Strategies Fund, Inc. has a 1 year low of $12.09 and a 1 year high of $14.37.

BlackRock Floating Rate Income Strategies Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a dividend of $0.1238 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.49 dividend on an annualized basis and a dividend yield of 10.38%.

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.