Doliver Capital Advisors LP acquired a new position in shares of BlackRock Floating Rate Income Trust (NYSE:BGT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,817 shares of the investment management company’s stock, valued at approximately $209,000.

Several other hedge funds have also bought and sold shares of BGT. Janney Montgomery Scott LLC boosted its holdings in shares of BlackRock Floating Rate Income Trust by 4.7% during the second quarter. Janney Montgomery Scott LLC now owns 27,571 shares of the investment management company’s stock worth $385,000 after purchasing an additional 1,250 shares during the last quarter. Alpha Cubed Investments LLC boosted its holdings in shares of BlackRock Floating Rate Income Trust by 37.7% during the second quarter. Alpha Cubed Investments LLC now owns 20,090 shares of the investment management company’s stock worth $281,000 after purchasing an additional 5,500 shares during the last quarter. Rockland Trust Co. boosted its holdings in shares of BlackRock Floating Rate Income Trust by 54.4% during the second quarter. Rockland Trust Co. now owns 59,043 shares of the investment management company’s stock worth $825,000 after purchasing an additional 20,801 shares during the last quarter. Wedbush Securities Inc. boosted its holdings in shares of BlackRock Floating Rate Income Trust by 7.1% during the second quarter. Wedbush Securities Inc. now owns 15,164 shares of the investment management company’s stock worth $212,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Conning Inc. boosted its holdings in shares of BlackRock Floating Rate Income Trust by 1.0% during the second quarter. Conning Inc. now owns 96,792 shares of the investment management company’s stock worth $1,352,000 after purchasing an additional 962 shares during the last quarter.

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BlackRock Floating Rate Income Trust (NYSE:BGT) traded down $0.10 during mid-day trading on Friday, hitting $14.07. The stock had a trading volume of 76,100 shares, compared to its average volume of 71,815. BlackRock Floating Rate Income Trust has a 1-year low of $13.26 and a 1-year high of $14.79.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.0583 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.97%. The ex-dividend date of this dividend is Tuesday, November 14th.

BlackRock Floating Rate Income Trust Profile

BlackRock Floating Rate Income Trust (the Trust) is a non-diversified, closed-end management investment Company. The Trust’s investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in various sectors, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.

Institutional Ownership by Quarter for BlackRock Floating Rate Income Trust (NYSE:BGT)

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