Securian Asset Management Inc Boosts Holdings in BlackRock Floating Rate Income SFI (FRA)

Securian Asset Management Inc boosted its holdings in shares of BlackRock Floating Rate Income SFI (NYSE:FRA) by 1.9% during the first quarter, Holdings Channel reports. The fund owned 121,045 shares of the investment management company’s stock after purchasing an additional 2,200 shares during the quarter. Securian Asset Management Inc’s holdings in BlackRock Floating Rate Income SFI were worth $1,513,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC boosted its stake in shares of BlackRock Floating Rate Income SFI by 13.8% in the 4th quarter. LPL Financial LLC now owns 14,312 shares of the investment management company’s stock valued at $170,000 after purchasing an additional 1,735 shares during the last quarter. Surevest Inc. bought a new stake in shares of BlackRock Floating Rate Income SFI in the 4th quarter valued at $173,000. Advisory Services Network LLC boosted its stake in shares of BlackRock Floating Rate Income SFI by 67.9% in the 4th quarter. Advisory Services Network LLC now owns 14,846 shares of the investment management company’s stock valued at $177,000 after purchasing an additional 6,006 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of BlackRock Floating Rate Income SFI in the 4th quarter valued at $217,000. Finally, Park Avenue Securities LLC bought a new stake in shares of BlackRock Floating Rate Income SFI in the 4th quarter valued at $238,000.

NYSE:FRA opened at $12.99 on Friday. BlackRock Floating Rate Income SFI has a 52 week low of $11.63 and a 52 week high of $14.53.

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.0695 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date is Tuesday, May 14th.

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BlackRock Floating Rate Income SFI 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.

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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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