Wagner Wealth Management LLC Lowers Position in BlackRock Floating Rate Income Trust (NYSE:BGT)

Wagner Wealth Management LLC decreased its holdings in shares of BlackRock Floating Rate Income Trust (NYSE:BGT) by 11.8% during the fourth quarter, according to its most recent filing with the SEC. The firm 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 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of BGT. Private Advisor Group LLC bought a new position in BlackRock Floating Rate Income Trust in the third quarter worth approximately $152,000. Client First Capital LLC bought a new position in shares of BlackRock Floating Rate Income Trust in the 4th quarter worth $218,000. Horizon Kinetics Asset Management LLC lifted its stake 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 worth $256,000 after purchasing an additional 7,100 shares during the last quarter. MONECO Advisors LLC boosted its position in BlackRock Floating Rate Income Trust by 5.0% during the third quarter. MONECO Advisors LLC now owns 24,377 shares of the investment management company’s stock valued at $315,000 after purchasing an additional 1,150 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in BlackRock Floating Rate Income Trust by 2.7% in the third quarter. MML Investors Services LLC now owns 96,891 shares of the investment management company’s stock valued at $1,254,000 after purchasing an additional 2,531 shares during the last quarter.

BlackRock Floating Rate Income Trust Trading Down 0.4 %

Shares of BlackRock Floating Rate Income Trust stock opened at $12.71 on Monday. BlackRock Floating Rate Income Trust has a one year low of $12.05 and a one year high of $13.97. The company has a 50-day simple moving average of $12.87 and a two-hundred day simple moving average of $12.90.

BlackRock Floating Rate Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.1203 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.44 annualized dividend and a 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.