Anfield Capital Management LLC Invests $55,000 in BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA)

Anfield Capital Management LLC purchased a new position in shares of BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 3,993 shares of the investment management company’s stock, valued at approximately $55,000.

Several other large investors have also bought and sold shares of the business. Cornerstone Advisors LLC bought a new stake in shares of BlackRock Floating Rate Income Strategies Fund during the 3rd quarter valued at $140,000. Realta Investment Advisors bought a new stake in BlackRock Floating Rate Income Strategies Fund in the fourth quarter valued at about $162,000. Wealth Effects LLC acquired a new position in BlackRock Floating Rate Income Strategies Fund in the fourth quarter valued at about $166,000. Objective Capital Management LLC bought a new position in BlackRock Floating Rate Income Strategies Fund during the third quarter worth about $206,000. Finally, EP Wealth Advisors LLC bought a new position in BlackRock Floating Rate Income Strategies Fund during the third quarter worth about $276,000.

BlackRock Floating Rate Income Strategies Fund Stock Up 0.0 %

Shares of FRA stock opened at $13.01 on Friday. The stock has a 50-day moving average of $13.28 and a 200-day moving average of $13.46. BlackRock Floating Rate Income Strategies Fund, Inc. has a one year low of $12.16 and a one year high of $14.50.

BlackRock Floating Rate Income Strategies Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.1238 dividend. This represents a $1.49 annualized dividend and a yield of 11.43%. The ex-dividend date was 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.