13,553 Shares in BlackRock Floating Rate Income SFI (NYSE:FRA) Acquired by Doliver Advisors LP

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Doliver Advisors LP purchased a new position in BlackRock Floating Rate Income SFI (NYSE:FRA) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,553 shares of the investment management company’s stock, valued at approximately $169,000.

A number of other large investors have also modified their holdings of the stock. LPL Financial LLC increased its holdings in BlackRock Floating Rate Income SFI by 6.9% in the 2nd quarter. LPL Financial LLC now owns 16,985 shares of the investment management company’s stock worth $218,000 after buying an additional 1,091 shares during the period. Capital Investment Advisors LLC boosted its position in BlackRock Floating Rate Income SFI by 1.5% in the 3rd quarter. Capital Investment Advisors LLC now owns 79,585 shares of the investment management company’s stock worth $1,004,000 after purchasing an additional 1,184 shares in the last quarter. Summit Financial Wealth Advisors LLC boosted its position in BlackRock Floating Rate Income SFI by 10.2% in the 2nd quarter. Summit Financial Wealth Advisors LLC now owns 13,506 shares of the investment management company’s stock worth $173,000 after purchasing an additional 1,250 shares in the last quarter. Coastline Trust Co boosted its position in BlackRock Floating Rate Income SFI by 2.7% in the 3rd quarter. Coastline Trust Co now owns 53,850 shares of the investment management company’s stock worth $680,000 after purchasing an additional 1,440 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in BlackRock Floating Rate Income SFI by 15.0% in the 2nd quarter. HighTower Advisors LLC now owns 15,901 shares of the investment management company’s stock worth $204,000 after purchasing an additional 2,075 shares in the last quarter.

Several research firms have commented on FRA. Deutsche Bank restated a “buy” rating and issued a $82.00 price objective on shares of BlackRock Floating Rate Income SFI in a research report on Saturday, November 2nd. UBS Group restated a “buy” rating and issued a $90.00 price objective on shares of BlackRock Floating Rate Income SFI in a research report on Saturday, November 2nd. Finally, HSBC restated a “buy” rating and issued a $83.00 price objective on shares of BlackRock Floating Rate Income SFI in a research report on Friday, October 18th.

BlackRock Floating Rate Income SFI stock opened at $12.79 on Friday. BlackRock Floating Rate Income SFI has a 12 month low of $11.63 and a 12 month high of $13.14. The stock’s 50 day simple moving average is $12.63 and its two-hundred day simple moving average is $12.73.

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.079 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $0.95 dividend on an annualized basis and a dividend yield of 7.41%.

About BlackRock Floating Rate Income SFI

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.

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Want to see what other hedge funds are holding FRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Floating Rate Income SFI (NYSE:FRA).

Institutional Ownership by Quarter for BlackRock Floating Rate Income SFI (NYSE:FRA)

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