BlackRock Floating Rate Income Trust (BGT) Shares Bought by Rockland Trust Co.

Rockland Trust Co. raised its position in shares of BlackRock Floating Rate Income Trust (NYSE:BGT) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,870 shares of the investment management company’s stock after acquiring an additional 4,344 shares during the quarter. Rockland Trust Co. owned about 0.28% of BlackRock Floating Rate Income Trust worth $931,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Investment Centers of America Inc. raised its holdings in shares of BlackRock Floating Rate Income Trust by 2.2% during the third quarter. Investment Centers of America Inc. now owns 167,703 shares of the investment management company’s stock valued at $2,365,000 after purchasing an additional 3,625 shares during the period. Wells Fargo & Company MN raised its holdings in shares of BlackRock Floating Rate Income Trust by 6.3% during the third quarter. Wells Fargo & Company MN now owns 612,986 shares of the investment management company’s stock valued at $8,649,000 after purchasing an additional 36,281 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of BlackRock Floating Rate Income Trust by 28.7% during the third quarter. Ameriprise Financial Inc. now owns 126,719 shares of the investment management company’s stock valued at $1,764,000 after purchasing an additional 28,284 shares during the period. Doliver Capital Advisors LP acquired a new position in shares of BlackRock Floating Rate Income Trust during the third quarter valued at about $209,000. Finally, Alpha Cubed Investments LLC raised its holdings in shares of BlackRock Floating Rate Income Trust by 17.9% during the third quarter. Alpha Cubed Investments LLC now owns 23,690 shares of the investment management company’s stock valued at $334,000 after purchasing an additional 3,600 shares during the period.

BlackRock Floating Rate Income Trust (NYSE BGT) opened at $13.87 on Friday. BlackRock Floating Rate Income Trust has a fifty-two week low of $13.40 and a fifty-two week high of $14.79.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Friday, December 29th were issued a dividend of $0.0583 per share. The ex-dividend date was Thursday, December 28th. This represents a $0.70 annualized dividend and a dividend yield of 5.04%.

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BlackRock Floating Rate Income Trust Company 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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