Securian Asset Management Inc Raises Position in BlackRock Floating Rate Income SFI (FRA)

Securian Asset Management Inc increased its position in shares of BlackRock Floating Rate Income SFI (NYSE:FRA) by 1.4% during the fourth quarter, Holdings Channel reports. The fund owned 118,845 shares of the investment management company’s stock after buying an additional 1,688 shares during the quarter. Securian Asset Management Inc’s holdings in BlackRock Floating Rate Income SFI were worth $1,414,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Mycio Wealth Partners LLC lifted its holdings in BlackRock Floating Rate Income SFI by 2.0% during the 4th quarter. Mycio Wealth Partners LLC now owns 81,792 shares of the investment management company’s stock worth $973,000 after buying an additional 1,624 shares during the period. Raymond James & Associates lifted its holdings in BlackRock Floating Rate Income SFI by 13.9% during the 2nd quarter. Raymond James & Associates now owns 34,752 shares of the investment management company’s stock worth $483,000 after buying an additional 4,252 shares during the period. CIBC World Markets Inc. lifted its holdings in BlackRock Floating Rate Income SFI by 23.8% during the 3rd quarter. CIBC World Markets Inc. now owns 22,275 shares of the investment management company’s stock worth $307,000 after buying an additional 4,275 shares during the period. City of London Investment Management Co. Ltd. lifted its holdings in BlackRock Floating Rate Income SFI by 22.9% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 32,764 shares of the investment management company’s stock worth $452,000 after buying an additional 6,106 shares during the period. Finally, NINE MASTS CAPITAL Ltd lifted its stake in shares of BlackRock Floating Rate Income SFI by 6.8% in the 3rd quarter. NINE MASTS CAPITAL Ltd now owns 98,900 shares of the investment management company’s stock valued at $1,364,000 after purchasing an additional 6,300 shares during the period.

Shares of NYSE:FRA opened at $12.62 on Monday. BlackRock Floating Rate Income SFI has a 1 year low of $11.63 and a 1 year high of $14.63.



The company also recently announced a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be given a $0.0645 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date is Thursday, February 14th.

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BlackRock Floating Rate Income SFI Company 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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