BlackRock Floating Rate Income Trust (NYSE:BGT) Shares Sold by Wagner Wealth Management LLC

Wagner Wealth Management LLC lessened its position in shares of BlackRock Floating Rate Income Trust (NYSE:BGT) by 11.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 26,375 shares of the investment management company’s stock after selling 3,528 shares during the period. Wagner Wealth Management LLC’s holdings in BlackRock Floating Rate Income Trust were worth $339,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the business. Penserra Capital Management LLC purchased a new position in BlackRock Floating Rate Income Trust during the third quarter worth approximately $8,284,000. Client First Capital LLC acquired a new position in shares of BlackRock Floating Rate Income Trust during the 4th quarter worth approximately $218,000. Private Advisor Group LLC acquired a new position in shares of BlackRock Floating Rate Income Trust during the 3rd quarter worth approximately $152,000. Horizon Kinetics Asset Management LLC lifted its position in shares of BlackRock Floating Rate Income Trust by 56.0% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 19,778 shares of the investment management company’s stock valued at $256,000 after buying an additional 7,100 shares in the last quarter. Finally, Graypoint LLC grew its stake in BlackRock Floating Rate Income Trust by 2.8% in the 4th quarter. Graypoint LLC now owns 194,738 shares of the investment management company’s stock valued at $2,504,000 after acquiring an additional 5,320 shares during the period.

BlackRock Floating Rate Income Trust Stock Performance

NYSE:BGT opened at $12.71 on Monday. BlackRock Floating Rate Income Trust has a fifty-two week low of $12.05 and a fifty-two week high of $13.97. The company has a fifty day moving average of $12.87 and a two-hundred day moving average of $12.90.

BlackRock Floating Rate Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.1203 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.44 annualized dividend and a dividend yield of 11.36%.

BlackRock Floating Rate Income Trust Company Profile

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors.