14,300 Shares in BlackRock Floating Rate Income Trust (BGT) Acquired by Round Table Services LLC

Round Table Services LLC bought a new position in shares of BlackRock Floating Rate Income Trust (NYSE:BGT) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 14,300 shares of the investment management company’s stock, valued at approximately $175,000.

Several other institutional investors have also recently bought and sold shares of BGT. 1607 Capital Partners LLC increased its stake in shares of BlackRock Floating Rate Income Trust by 200.6% during the fourth quarter. 1607 Capital Partners LLC now owns 695,800 shares of the investment management company’s stock valued at $8,036,000 after purchasing an additional 464,300 shares in the last quarter. Financial & Investment Management Group Ltd. bought a new stake in shares of BlackRock Floating Rate Income Trust during the fourth quarter valued at approximately $5,532,000. Advisors Asset Management Inc. increased its position in shares of BlackRock Floating Rate Income Trust by 6.0% during the third quarter. Advisors Asset Management Inc. now owns 371,856 shares of the investment management company’s stock valued at $4,908,000 after acquiring an additional 21,073 shares in the last quarter. Relative Value Partners Group LLC purchased a new stake in BlackRock Floating Rate Income Trust in the fourth quarter worth approximately $2,470,000. Finally, Jaffetilchin Investment Partners LLC boosted its holdings in BlackRock Floating Rate Income Trust by 20.2% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 164,127 shares of the investment management company’s stock worth $1,896,000 after purchasing an additional 27,616 shares during the last quarter.

Shares of BGT stock opened at $12.75 on Friday. BlackRock Floating Rate Income Trust has a 12-month low of $11.26 and a 12-month high of $13.80.

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a dividend of $0.0618 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date of this dividend is Tuesday, May 14th.

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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.

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

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