Ethos Financial Group LLC Has $3.91 Million Position in BlackRock Floating Rate Income Trust $BGT

Ethos Financial Group LLC lessened its holdings in shares of BlackRock Floating Rate Income Trust (NYSE:BGT) by 7.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 312,042 shares of the investment management company’s stock after selling 25,586 shares during the period. Ethos Financial Group LLC’s holdings in BlackRock Floating Rate Income Trust were worth $3,907,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Trust Co. of Toledo NA OH acquired a new position in BlackRock Floating Rate Income Trust in the second quarter valued at about $49,000. Reyes Financial Architecture Inc. bought a new position in BlackRock Floating Rate Income Trust during the 2nd quarter worth approximately $58,000. Cassaday & Co Wealth Management LLC acquired a new position in BlackRock Floating Rate Income Trust during the first quarter valued at approximately $136,000. Centric Wealth Management bought a new stake in BlackRock Floating Rate Income Trust in the first quarter valued at approximately $247,000. Finally, Private Advisor Group LLC raised its holdings in BlackRock Floating Rate Income Trust by 65.0% in the first quarter. Private Advisor Group LLC now owns 20,349 shares of the investment management company’s stock worth $253,000 after purchasing an additional 8,018 shares during the period.

BlackRock Floating Rate Income Trust Price Performance

Shares of BGT stock opened at $11.71 on Thursday. BlackRock Floating Rate Income Trust has a 12-month low of $10.21 and a 12-month high of $13.59. The firm has a fifty day moving average of $12.12 and a 200-day moving average of $12.29.

BlackRock Floating Rate Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a $0.1203 dividend. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date is Friday, November 14th.

About BlackRock Floating Rate Income Trust

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.