BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Holdings Lowered by Visionary Horizons LLC

Visionary Horizons LLC lowered its holdings in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 7.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,200 shares of the investment management company’s stock after selling 2,620 shares during the period. Visionary Horizons LLC’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $429,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Whitener Capital Management Inc. grew its stake in shares of BlackRock Floating Rate Income Strategies Fund by 4.4% in the 3rd quarter. Whitener Capital Management Inc. now owns 29,186 shares of the investment management company’s stock worth $385,000 after purchasing an additional 1,236 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of BlackRock Floating Rate Income Strategies Fund in the 3rd quarter worth approximately $18,990,000. Marathon Strategic Advisors LLC grew its stake in shares of BlackRock Floating Rate Income Strategies Fund by 3.3% in the 4th quarter. Marathon Strategic Advisors LLC now owns 248,675 shares of the investment management company’s stock worth $3,419,000 after purchasing an additional 7,877 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of BlackRock Floating Rate Income Strategies Fund by 3.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 143,645 shares of the investment management company’s stock worth $1,896,000 after purchasing an additional 4,668 shares during the last quarter. Finally, Graypoint LLC grew its stake in shares of BlackRock Floating Rate Income Strategies Fund by 2.7% in the 4th quarter. Graypoint LLC now owns 187,556 shares of the investment management company’s stock worth $2,579,000 after purchasing an additional 4,931 shares during the last quarter.

BlackRock Floating Rate Income Strategies Fund Price Performance

BlackRock Floating Rate Income Strategies Fund stock opened at $12.98 on Friday. The firm’s 50 day simple moving average is $13.60 and its 200-day simple moving average is $13.48. BlackRock Floating Rate Income Strategies Fund, Inc. has a fifty-two week low of $12.16 and a fifty-two week 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, February 28th. Stockholders of record on Friday, February 14th will be given a $0.1238 dividend. This represents a $1.49 annualized dividend and a dividend yield of 11.45%. The ex-dividend date of this dividend is Friday, February 14th.

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.