Atria Wealth Solutions Inc. Sells 1,799 Shares of BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA)

Atria Wealth Solutions Inc. reduced its holdings in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) by 6.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 24,299 shares of the investment management company’s stock after selling 1,799 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $314,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Comerica Bank lifted its holdings in BlackRock Floating Rate Income Strategies Fund by 140.0% in the fourth quarter. Comerica Bank now owns 6,853 shares of the investment management company’s stock valued at $94,000 after buying an additional 3,998 shares during the period. NBC Securities Inc. increased its stake in BlackRock Floating Rate Income Strategies Fund by 108,525.0% in the first quarter. NBC Securities Inc. now owns 8,690 shares of the investment management company’s stock valued at $112,000 after purchasing an additional 8,682 shares in the last quarter. Jane Street Group LLC bought a new stake in BlackRock Floating Rate Income Strategies Fund in the fourth quarter valued at approximately $144,000. Insigneo Advisory Services LLC bought a new stake in shares of BlackRock Floating Rate Income Strategies Fund during the first quarter worth $146,000. Finally, CoreCap Advisors LLC increased its position in shares of BlackRock Floating Rate Income Strategies Fund by 29.5% during the fourth quarter. CoreCap Advisors LLC now owns 10,710 shares of the investment management company’s stock worth $147,000 after acquiring an additional 2,437 shares in the last quarter.

BlackRock Floating Rate Income Strategies Fund Price Performance

Shares of FRA stock opened at $13.16 on Friday. BlackRock Floating Rate Income Strategies Fund, Inc. has a 12-month low of $10.90 and a 12-month high of $14.50. The firm has a fifty day moving average of $13.12 and a 200-day moving average of $12.83.

BlackRock Floating Rate Income Strategies Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a $0.1238 dividend. The ex-dividend date is Friday, August 15th. This represents a c) dividend on an annualized basis and a yield of 11.3%.

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.