GenTrust LLC reduced its position in shares of BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) by 2.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 100,597 shares of the investment management company’s stock after selling 2,542 shares during the period. GenTrust LLC’s holdings in BlackRock Floating Rate Income Strat. Fn were worth $1,416,000 at the end of the most recent reporting period.

BlackRock Floating Rate Income Strat. Fn (FRA) opened at 14.15 on Wednesday. BlackRock Floating Rate Income Strat. Fn has a 52 week low of $13.36 and a 52 week high of $14.85. The company has a 50 day moving average price of $14.10 and a 200-day moving average price of $14.41.

The company also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Tuesday, August 15th will be paid a $0.061 dividend. The ex-dividend date is Friday, August 11th. This represents a $0.73 annualized dividend and a yield of 5.17%.

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About BlackRock Floating Rate Income Strat. Fn

BlackRock Floating Rate Income Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments.

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Institutional Ownership by Quarter for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)

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