17,645 Shares in BlackRock Floating Rate Income Trust (NYSE:BGT) Purchased by MONECO Advisors LLC

MONECO Advisors LLC bought a new position in BlackRock Floating Rate Income Trust (NYSE:BGT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,645 shares of the investment management company’s stock, valued at approximately $218,000.

Other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. boosted its position in BlackRock Floating Rate Income Trust by 59.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 4,999 shares of the investment management company’s stock valued at $60,000 after acquiring an additional 1,870 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in BlackRock Floating Rate Income Trust by 9.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 17,619 shares of the investment management company’s stock valued at $213,000 after acquiring an additional 1,486 shares in the last quarter. Conning Inc. boosted its position in BlackRock Floating Rate Income Trust by 3.9% during the 4th quarter. Conning Inc. now owns 25,307 shares of the investment management company’s stock valued at $313,000 after acquiring an additional 949 shares in the last quarter. Virtus ETF Advisers LLC boosted its position in BlackRock Floating Rate Income Trust by 89.2% during the 3rd quarter. Virtus ETF Advisers LLC now owns 44,071 shares of the investment management company’s stock valued at $531,000 after acquiring an additional 20,773 shares in the last quarter. Finally, Significant Wealth Partners LLC bought a new stake in BlackRock Floating Rate Income Trust during the 4th quarter valued at approximately $620,000.

BlackRock Floating Rate Income Trust Stock Up 0.8 %

BlackRock Floating Rate Income Trust stock opened at $12.93 on Friday. The stock’s 50 day simple moving average is $12.98 and its two-hundred day simple moving average is $12.42. BlackRock Floating Rate Income Trust has a fifty-two week low of $10.95 and a fifty-two week high of $13.42.

BlackRock Floating Rate Income Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, April 12th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 11.14%.

BlackRock Floating Rate Income Trust 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.